UPDATE 1-Malaysia's Sime Darby Q2 net profit surges


(Adds background on provisions, dividend) KUALA LUMPUR, Feb 28 (Reuters) - Malaysian conglomerate Sime Darby reported a seven-fold increase in second-quarter profit on Tuesday, as revenue grew 8 percent and the company put a series of costly provisions behind it. Sime, one of Asia's oldest conglomerates, posted a net profit of 207.6 million ringgit ($55.9 million) in the three months to Dec. 31 versus 27.8 million ringgit a year earlier. The older figure included more than 200 million ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Malaysia's Sime Darby Q2 net profit surges" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×