Malaysia-based Sime Darby notes increase in Q1/FY2024 net profit, pushed by positive Motors division performance
Announced on November 27, 2023, Sime Darby Berhad recorded a net profit of MYR 589 million in Q1/FY2024 (July-September 2023), an increase of over 100% YoY. This was propelled by the group’s effective business strategy, which saw the Industrial division significantly rebound in the quarter under review compared to th....
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