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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

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

UOB Kay Hian bags award for Islamic stockbroking
MAA raises stake in KNM Group to 13.5%
Calls for planters to increase use of technology
Paramount emerges as major shareholder in EWI
Chin Hin taps Ajiya for two-year RM250mil loan
Wall St set to rise ahead of speeches from Fed officials
Sarawak Cable finds new hope as alternative party is identified
Main Market-bound Feytech IPO public portion oversubscribed
Bursa lifts Awantec's affected issuer status
SC charges Pixelvest and former Infinity Trustee director with unlicensed capital market offences

Others Also Read