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IOI enjoys better earnings
 
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IOI enjoys better earnings
May 18, 2011
NSTP
KUALA LUMPUR: IOI Corp Bhd has registered a better net profit of RM670-51 million for the third quarter ended March 31 2011 against a revenue of RM4-34 billion- This is compared to a net profit of RM560-22 million over a revenue of RM3-15 billion it recorded in the same quarter the previous financial year-The company yesterday said the higher profit was due to increased operating profit as well as higher contribution from jointly controlled entities- Operating profits for the plantation segment increased to RM328-2 million, the manufacturing division rose to RM184-5 million and its property segment was higher at RM137-3 million- ...

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