Results to be supported by high CPO price, rise in output
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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