Boustead Plantations’ net profit surges to RM435mil in 1Q

KUALA LUMPUR: Boustead Plantations Bhd’s net profit surged to RM435.16mil in the first quarter ended March 31, against RM12.22mil a year ago on disposal gain and higher palm product price.

The planter recorded a pretax and zakat of RM509.5mil. This includes a gain on disposal of Kulai Young land of RM364.1mil.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Boustead Plantations , CPO , FFB , palm oil , disposal

   

Report it to us.

Next In Business News
Macau locks down landmark Lisboa hotel after COVID cases found
Bursa Malaysia onboards Malacca Securities as first Islamic participating organisation
ACE Market-bound UMediC aims to raise RM31.11mil from IPO
Bank Negara raises OPR by 25bps to 2.25%
Oil prices bounce back from Tuesday tumble as supply concerns return
Malaysia awaits rate decision; recession woes hurt Asian currencies
HSS Engineers secures RM16.6mil VO for ECRL supervising works
MGRC in tie-up to offer sports-based genetic tests
Musa Abdul Malek appointed chairman of Affin Islamic Bank
Energy, commodities rout weighs on FBM KLCI

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad (10894D)

Best viewed on Chrome browsers.