IOI Corp reports RM100,000 earnings for third quarter


The group suffered a sharp plunge in its bottom line, down from the RM245.8mil net profit a year earlier.

PETALING JAYA: IOI Corp Bhd posted a net profit of RM100,000 in the third quarter of financial year 2020 (3Q20). This was despite registering a higher revenue of RM2.03bil in the three-month period.

The group suffered a sharp plunge in its bottom line, down from the RM245.8mil net profit a year earlier.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
IOI Corp , foreign currency , plantations ,

Next In Business News

Malaysia palm oil output sinks most in nine years as rain hits crops
Tariff threat puts India, Thailand at risk
Bajaj earmarking US$1bil for chain of hospitals
Increased challenges to labour market outlook seen
Citigroup targets social finance deals in Asia
China's bubble tea firm Mixue to raise about US$500mil in Hong Kong IPO later in Feb, sources say
South Korean court clears HSBC of violating short-selling rules
Sabah set to become Southeast Asia's energy hub with RM8.88bil SOGIP project
Gucci sales slump continues as Kering seeks new designer
Oil climbs on supply worries, Trump tariffs check gains

Others Also Read