Felcra group CEO Mohd Nazrul Izam Mansor
KUALA LUMPUR: Felcra Bhd’s 1/2021 interim profit for Consolidation and Rehabilitation (C&R) projects for the financial period of Jan 1-April 30, 2021 surged 146 per cent to RM135.15 million from RM54.93 million for the same period last year.
The company, which is wholly-owned by the Minister of Finance (Incorporated), said of the total profit, RM74.31 million will be distributed as an interim 1/2021 distribution in stages starting Wednesday (Aug 23) to 63,353 participating farmers out of 656 projects that recorded profits.
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