Tropicana net profit soars on disposal of properties


KUALA LUMPUR: Tropicana Corp Bhd’s net profit jumped 133.3% to RM89.4mil from the RM38.3mil achieved a year ago, contributed by gains arising from the disposal of investment properties and a subsidiary of a jointly controlled entity.

Its revenue for the quarter was slightly lower at RM355.9mil compared with RM362.1mil last year. Earnings per share for the second quarter stood at 6.43 sen.

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