"We remain positive on long-term prospects in the region, given that we have built strong fundamentals and fired up our businesses to remain resilient and well-positioned to capitalise on growth opportunities,” said Sime Darby Bhd’s group chief executive officer Datuk Jeffri Salim Davidson. (pic)
PETALING JAYA: Sime Darby Bhd
reported a lower net profit of RM236mil for the first quarter ended Sept 30, 2021 (Q1 of financial year 2022 or FY22) as its industrial operations in China absorbed the impact of a slowdown in construction activities in the quarter.
Revenue for Q1FY22 was 1.9% lower at RM10.67bil, compared with RM10.88bil in Q1 FY21.
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