Bursa Malaysia Stock Watch
IJM Plantation reaps RM59.8m Q3 profit
kltrader
Publish date: Wed, 23 Feb 2011, 09:02 PM
kltrader
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IJM Plantation Bhd chalked up a higher pre-tax profit of RM59.830 million for the third-quarter ended Dec 31, 2010 from RM51.631 million registered in the corresponding period.
Revenue increased to RM160.426 million from RM120.924 million previously.
In a filing to Bursa Malaysia today, IJM said the higher revenue resulted from higher average realised selling prices for both crude palm oil and palm kernel oil.
The average realised price for crude palm oil stood at RM2,914 per tonne compared with RM2,202 per tonne recorded in the corresponding quarter. -- Bernama
Revenue increased to RM160.426 million from RM120.924 million previously.
In a filing to Bursa Malaysia today, IJM said the higher revenue resulted from higher average realised selling prices for both crude palm oil and palm kernel oil.
The average realised price for crude palm oil stood at RM2,914 per tonne compared with RM2,202 per tonne recorded in the corresponding quarter. -- Bernama
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