KUALA LUMPUR: Genting Plantations Bhd
’s Indonesian plantation segment held steady in the first quarter ended March 31 but a much lower performance by the Malaysia plantation business dragged down its overall profit.
In a statement to Bursa Malaysia yesterday, it said earnings for the quarter fell by half to RM52.65mil compared to a year earlier on the back of a 2.5% lower revenue of RM324.4mil.
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