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.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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

Oil ends week lower on China demand fears
99 Speed Mart inks IPO underwriting agreement
Undoing the 5G monopoly
On the up and up
Kucingko makes stellar debut on ACE Market
PETRONAS reaches FID on Pengerang biorefinery
Finding the right chemistry
ESG reporting standards must be elevated
China to resort to consumer stimulus
KL Metro to build RM1.6bil five-star resort in PD

Others Also Read