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FGV Revenues Climb by 36.5% to RM4.08 billion in Second Quarter

 Operating profit more than doubles from a year earlier
Total profit for the period down after accounting for fair value changes from land lease liability (LLA)
Board of Directors recommends interim dividend of 6 sen 

Kuala Lumpur, 25 August 2014 – Felda Global Ventures Holdings Berhad (FGV), the global agribusiness and palm oil company, has seen revenues climb by 36.5% to RM4.08 billion in the second-quarter of 2014, compared with RM2.99 billion in the same quarter, a year earlier. (more…)

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FGV’s Q1 PAT Up By 25%, Y-o-Y

KUALA LUMPUR, 23 May 2014 – Felda Global Ventures Holdings Berhad (FGV) registered a significant year-on-year jump in the first quarter ended 31 March 2014, with a profit after tax (PAT) of RM208.8 million, marking an impressive 25.0% improvement from RM167.1 million recorded in the same quarter in the previous year. The Group’s profit before tax (PBT) reported an increase, coming in at 20.9% with RM268 million for the quarter under review compared with RM221.6 million in the previous year’s corresponding quarter. (more…)

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The World Bank Group Visits FELDA Gunung Besout

In line with knowledge sharing and creating new opportunities for partnerships between FELDA, Felda Global Ventures Holdings Berhad (FGV) and the World Bank Group, a working visit to FELDA Gunung Besout, Perak was organised as part of the World Bank’s 2-day working visit to Malaysia recently. (more…)

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