The improved results were largely due to a gain on disposal of plantation land amounting to RM120mil. Revenue for the quarter stood at RM123.95mil from RM141.75mil previously.
PETALING JAYA: Boustead Plantations Bhd
has delivered a net profit of RM79.23mil for its second quarter ended June 30, compared with a net loss of RM22.24mil in the previous year’s corresponding quarter.
The improved results were largely due to a gain on disposal of plantation land amounting to RM120mil. Revenue for the quarter stood at RM123.95mil from RM141.75mil previously.
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