FGVH posts lower Q1 pre-tax profit of RM280m

Publish date: Mon, 25 Jun 2012, 08:45 PM
Felda Global Ventures Holdings Bhd posted a lower pre-tax profit of RM280.806 million for the first quarter ended March 31, 2012 compared with RM495.284 million recorded in the same period last year.

Revenue rose to RM1.719 billion, during the period under review, from RM1.688 billion recorded previously.

In a filing to Bursa Malaysia, the company said the higher revenue was due to better sales of crude palm oil and palm kernel but this was offset in part by a decrease in revenue from the downstream segment.

Meanwhile, Felda said its operation for the financial year ended Dec 31, 2012 was expected to be influenced by the ability to maintain market share, grow sales and economic recovery both at home and globally, it added. -- Bernama

Discussions
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hatifahs

High risk to those hv more exposure dis co especially who take bank loan,premium maybe like gas Msia?

2012-06-25 21:36

Shin

Why always happen this way? Announce after subscription!.. Perfect timing our what?

2012-06-25 21:47

KC Loh

premium is paid for the hype. everyone wants a piece of the action, hence the crazy price. lower profit will bring things back in line

2012-06-25 22:38

gaman

Do not worry saham FVGH mesti ada untung pada hari pertama listing! Harga saham FVGH tidak mungkin terus menjunam. Kalau ada untung sikit jual saja! Tan Sir Isa Samad akan pukul GONG secara langsung melalui TV3 pada 28.6.2012!

2012-06-26 17:48

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