FGV incurs a loss of RM911 million, including impairment of RM788 million

KUALA LUMPUR, 28 NOVEMBER 2018– FGV Holdings Berhad (FGV) has recorded loss before zakat and tax (LZBT) of RM911 million for its third quarter ended September 2018. This loss includes impairment amounting to RM788 million. LBZT before impairment came in at RM123 million, which compares to the profit before zakat and tax for the previous corresponding quarter was RM118 million.

FGV recorded a revenue of RM3.19 billion compared to RM4.14 billion in the previous corresponding quarter.

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