KUALA LUMPUR: Following an expectation-beating performance in the first quarter of financial year 2024 (FY24), Sime Darby Bhd
is expected to leverage the high orderbook in its industrial segment while reaping the benefits of its acquisition of UMW Holdings Bhd.
In 1QFY24, Sime Darby's core profit after tax and minority interest (Patmi) was RM377mil, a 42.8% increase year-on-year, which beat market expectations.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
