MSM revenue up on better selling price


In a statement, MSM president and CEO Mohamad Amri Sahari said the group

PETALING JAYA: Refined sugar producer MSM Malaysia Holdings Bhd registered 26% higher revenue at RM838.31mil for the fourth quarter (Q4) of financial year ended Dec 31, 2016 (FY16), bringing its full-year revenue to RM2.66bil.

The increase in revenue for the quarter under review was attributable to improved selling price and higher volume of refined sugar sold, as well as better trading revenue.

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