Sime Darby's net profit jumps to RM800mil in 1Q

Corporate News News

Sime Darby's net profit jumps to RM800mil in 1Q
Sime DarbyMotorIndustrial
  • 📰 staronline
  • ⏱ Reading Time:
  • 23 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 75%

Interpol arrested 1,006 suspects in Africa during a massive two-month operation, clamping down on cybercrime that left tens of thousands of victims, including some who were trafficked, and produced millions in financial damages, the global police organisation said on Nov 26.

experienced a strong start to its 2025 financial year, with contribution from its newly acquired Toyota and Perodua businesses.

“Apart from that, we have also successfully lowered our inventories during the quarter following our inventory reduction initiatives, which resulted in higher operating cash flows," he said in a statement. In the motors division, Sime Darby reported an overall profit before interest and tax of RM190mil in 1QFY25, which was 6.4% lower year-on-year, although the strong EV sales in Singapore helped to offset challenges in other markets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

Sime Darby Motor Industrial UMW

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sime Darby Motors becomes Sime Motors following group’s rebrandingSime Darby Motors becomes Sime Motors following group’s rebrandingLast week, Sime Darby announced that it had rebranded itself to Sime. The trading conglomerate said the move to do so reflects its evolution and “its renewed strategic focus as a pure-play powerhouse in the …
Read more »

Sime Darby Property delivers all-time high 9M revenue and profitSime Darby Property delivers all-time high 9M revenue and profitARA DAMANSARA: Sime Darby Property Berhad delivered its strongest nine-month performance to date for the period ended Sept 30, 2024 (9M FY2024). The G...
Read more »

Sime Darby Property records all-time high 9M revenue and profitSime Darby Property records all-time high 9M revenue and profit(Reuters) - Genoa have appointed former Arsenal captain Patrick Vieira as their new coach, the Serie A club said on Wednesday.
Read more »

Innovative minds: Sabah, Melaka, and RMC teams shine in National Sime Darby Young Innovators ChallengeInnovative minds: Sabah, Melaka, and RMC teams shine in National Sime Darby Young Innovators ChallengeKUALA LUMPUR, Nov 22 –– Young Malaysian innovators took centre stage at the Sime Darby Young Innovators Challenge (SDYIC) 2024 National Championship, held at Universiti...
Read more »

Celebrate the year-end with the Sime Darby Motors Grand Finale – enjoy unbeatable offers across brandsCelebrate the year-end with the Sime Darby Motors Grand Finale – enjoy unbeatable offers across brandsThe Sime Darby Motors Grand Finale is taking place this weekend, offering you the opportunity to close out the year in style and go home with a new automobile. Happening across three days from November …
Read more »

Sime Darby unveils new brand identitySime Darby unveils new brand identityReverend Christopher Lee has been discharged from the hospital, days after he was attacked during mass at the St Joseph’s Church in Bukit Timah.
Read more »



Render Time: 2025-02-15 03:37:38