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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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