Datuk Jeffri Salim Davidson, group CEO, Sime Darby — CHAN TAK KONG/The Star
KUALA LUMPUR: Sime Darby Bhd
group CEO Datuk Jeffri Salim Davidson noted an increasingly challenging market, with operations in China experiencing lower margins due to the intense competition.
Announcing its results for the second quarter ended Dec 31, 2024 (2QFY25), Sime Darby said it registered a net profit of RM305mil as compared to a net profit of RM2.29bil in the year-ago quarter, which had benefited from a RM2bil gain on the disposal of Ramsay Sime Darby Health Care in the same quarter in 2023.
