Genting Plantations records 1Q net profit of RM63.73mil

KUALA LUMPUR: Genting Plantations Bhd recorded a net profit of RM63.73mil in the first quarter ended March 31, 2021, 30.19% lower than RM91.3mil in the previous corresponding quarter due mainly to a weaker performance in the downstream manufacturing segment.

Earnings per share was 7.1 sen as compared to 10.18 sen in the year-ago quarter.