Tradewinds (M) Bhd's pre-tax profit for the third quarter ended Sept 30, 2010 rose to RM233.7 million from RM67.7 million in the same period last year.

Revenue increased to RM1.39 billion from RM455.9 million previously, it said in a filing to Bursa Malaysia today.

For the nine-month period, its pre-tax profit rose to RM525.9 million from RM97.3 million in the same period of 2009.

Revenue rose to RM3.98 billion from RM1.22 billion previously.

Tradewinds said the increase in revenue was contributed mainly by the inclusion of revenue from the rice division in the current quarter coupled with the favourable performance of the sugar and plantation division.

It said the rice division was expected to continue its good performance for the remaining period of the current financial year, riding on the current stability of international rice prices and supply.

Tradewinds said its sugar division would continue to focus on controlling production cost and maintaining high product quality.

It said the results of the plantation division for the remaining period of the current financial year was expected to be better than the current reporting quarter with the prevailing prices of palm products. -- BERNAMA