IJM Corp’s second-quarter net profit surges 533%

The group said the sharp rise in net profit in Q2 was mainly due to the RM639.4mil gains from the disposal of subsidiaries IJM Plantations Bhd (pic) and Kemena Industries Sdn Bhd.

PETALING JAYA: IJM Corp Bhd expects a better performance in the second half of its financial year ending March 31, 2022 (FY22), as business restrictions continue to be lifted.

In a filing with Bursa Malaysia, the group said its construction division’s outstanding order book currently stood at RM4.51bil.