SD Guthrie Logs Lower Profit in Q3

MT Newswires Live
21 Nov 2024

SD Guthrie (KLSE:SDG), formerly known as Sime Darby Plantation, said its profit attributable to owners plunged to 766 million ringgit in the third quarter from 1.21 billion ringgit a year earlier.

Earnings per share slumped to 0.111 ringgit from 0.1750 ringgit a year ago, according to a Wednesday filing with Bursa Malaysia.

Revenue of the fats and oils refiner, however, rose 10% annually to 5.27 billion ringgit from 4.77 billion ringgit.

The board did not recommend a dividend for the period.

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