|
|
Article: IJM Corp registers 20pc increase in revenue, BUSINESS TIMES
- Article from:
- Business Times (Malaysia)
- Article date:
- November 14, 2003
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
Business Times (Malaysia)
11-14-2003
IOI Oleochemical Bhd (formerly known as Palmco Holdings Bhd) saw
first-quarter net profit surge 71.9 per cent to RM42.4 million from RM24.6
million before.
IOI Oleochemical said profit was boosted by its acquisition of the
oil-palm estates of Unilever NV for RM555 million in December last year,
which gave it control of 23,045ha of oil-palm estates in Johor and Sabah,
and two palm-oil mills in those states.
According to Reuters Estimates' poll of 7 brokerages, the consensus
forecast for IOI Oleochemical's full-year profit was RM155.3 million, while
earnings per share (EPS) was estimated at 76.9 sen.
The Penang-based refiner more than doubled its pre-tax profit ...
Related newspaper, magazine, and journal articles:
|
|
Article: MALAYSIAN NEWSPAPER HIGHLIGHTS - AUG 5, 2005.
AsiaPulse News;
August 5, 2005 ;
616 words
... ... of today's newspapers: BUSINESS TIMES: - Shares of IOI Oleochemical Bhd, suspended from trade for the past three days, jumped ... Bank Negara's removal of the ringgit peg. - Shares in IOI Oleochemical Industries Bhd surged RM1 to RM11.30, above its parent ...
|
|