Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Unico-Desa 1Q net profit plunges 97%

Go down

Unico-Desa 1Q net profit plunges 97% Empty Unico-Desa 1Q net profit plunges 97%

Post by Cals Tue 13 Aug 2013, 22:02

Unico-Desa 1Q net profit plunges 97%
Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Tuesday, 13 August 2013 19:47

KUALA LUMPUR (Aug 13): Unico-Desa PLANTATION []s Bhd announced that its net profit for the first quarter ended June 30, 2013, had plunged 96.8% to RM348,000 from RM10.9 million earned in previous year corresponding quarter.

Revenue also fell sharply to RM33.8 million from RM52.3 million.

The Sabah-based plantation company blamed its poor results on low crop season, high manuring cost and weak prices of oil palm products.

Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum