FGV HOLDINGS POSTS SECOND QUARTER NET LOSS
newscatcher
2023-08-28 11:34
FGV HOLDINGS POSTS SECOND QUARTER NET LOSS
BUSINESS 28/08/2023 06:56 PM KUALA LUMPUR, Aug 28 (Bernama) -- FGV Holdings Bhd recorded a net loss of RM12.90 million in the second financial quarter ended June 30, 2023 (2Q FY2023) versus a net profit of RM374.02 million in the same period last year largely due to lower profit registered in the plantation sector. The lower profit, however, was partially mitigated by improvement reported in logistics and other sectors, and a lower loss in the sugar sector in the current quarter, the agribusiness and food company said in a filing with Bursa Malaysia today.

https://www.bernama.com/en/business/news.php?id=2220403

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