IOI posts Q3 net profit of RM401.3mil


KUALA LUMPUR: IOI Corp Bhd posted a net profit of RM401.3mil for the third quarter ended March 31, 2021, versus just RM100,000 in the previous corresponding quarter due mainly to a one-off gain from the sale of its associate's refinery and narrower forex losses.

Revenue for the quarter under review was RM2.86bil, 40.62% higher from RM2.03bil in the comparative quarter.

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