Recovery of deposits boosts Sarawak Plantations profits


KUCHING: Sarawak Plantations Bhd has recovered deposits of RM28.5mil paid for acquisitions of equity stakes in four plantation companies.

The recovery helped to boost the company group’s net profits to RM60.9mil for the financial year ended Dec 31, 2014, which was sharply higher than RM35.8mil in 2013. Group revenue grew to RM389.9mil from RM362.1mil previously.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , East Malaysia , jack

   

Others Also Read