Tough times ahead for Sime Darby on inflationary pressures

Headwinds like China’s zero-Covid policy and inflationary pressures could dent Sime Darby's earnings for the year, analysts said.

PETALING JAYA: Sime Darby Bhd, which saw its net profit dip by 18.7% in the third quarter ended March 31, 2022, is in for challenging times in the near term.

Headwinds like China’s zero-Covid policy and inflationary pressures could dent its earnings for the year, analysts said.