PETALING JAYA: Dutaland
swung back into profitability in the financial year ended June 30, 2017 at RM13.21mil underpinned by the higher contribution from its property and plantation divisions.
It said its earnings were in stark contrast with the RM3.72mil net loss in FY16. Its revenue jumped 245% to RM130.38mil from RM37.78mil. Dutaland’s profit before tax (PBT) was RM21.9mil versus RM100,000 a year ago due to the sale of land and better performance from the plantations.
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