Sime Darby posts RM345mil net profit in 2Q, div of 4c


KUALA LUMPUR: Sime Darby Bhd posted a net profit of RM345mil in the second quarter ended Dec 31, 2021, which was significantly less than RM633mil recorded in the previous corresponding quarter, mainly owing to its divestment of equity in Tesco Malaysia in the comparative quarter.

The group reported revenue of RM10.5bil in the current quarter, which was 6.3% lower year-on-year (y-o-y).

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