Sime Darby Property posts 1H net profit of RM80.51mil, declares 1 sen div per share

KUALA LUMPUR: Sime Darby Property Bhd posted a net profit of RM80.51mil in the first half of the financial year ended June 30, 2021, compared to a net loss of RM90.28mil in the same period last year due to improved contribution from the property development segment.

Revenue in the period under review was up 42.8% to RM1.09bil from RM764mil in the previous corresponding period.