Sime Darby's 2Q net profit rises to RM2.29bil, declares 3c div/share

TheStar Wed, Feb 21, 2024 01:32pm - 2 months View Original


KUALA LUMPUR: After wrapping an eventful quarter, Sime Darby Bhd group CEO Datuk Jeffri Salim Davidson said the group will now focus on the growth of its two core businesses and work towards the seamless integration of UMW Holdings Bhd.

In the second quarter ended Dec 31, 2023 (2QFY24), Sime Darby reported a net profit of RM2.29bil, which was a leap higher from RM389mil in the same quarter in FY23, mainly owing to the RM2bil gain on the disposal of Ramsay Sime Darby Health Care (RSDH) in December 2023.

The group's earnings per share surged to 33.6 sen from 5.7 sen in the comparative quarter.

The board of directors announced an interim dividend of three sen per share for the first half of FY24.

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