KUALA LUMPUR (Feb 29): SIME DARBY BHD []’s share price rose in afternoon trade on Wednesday after it reported net profit of RM1.10 billion in the second quarter ended Dec 31, 2011.
At 4pm, it was up 12 sen to RM9.69 with 15.88 million shares done.
Sime Darby’s 2Q earnings were 25.5% above the RM877.06 million a year ago. Its revenue increased by 13.9% to RM11.39 billion from RM9.993 billion.
For the first half, it reported a 42% increase in net profit to RM2.175 billion from RM1.531 billion in the previous corresponding period. Its revenue increased 20.2% to RM22.45 billion from RM18.668 billion.
At 4pm, it was up 12 sen to RM9.69 with 15.88 million shares done.
Sime Darby’s 2Q earnings were 25.5% above the RM877.06 million a year ago. Its revenue increased by 13.9% to RM11.39 billion from RM9.993 billion.
For the first half, it reported a 42% increase in net profit to RM2.175 billion from RM1.531 billion in the previous corresponding period. Its revenue increased 20.2% to RM22.45 billion from RM18.668 billion.
