IN BRIEF: Hidong Estate profit falls in half year amid higher costs

Hidong Estate PLC - Malaysia-based natural rubber and oil palm fruit bunches producer - Reports ...

Alliance News 25 October, 2021 | 2:15PM
Email Form Facebook Twitter LinkedIn RSS

Hidong Estate PLC - Malaysia-based natural rubber and oil palm fruit bunches producer - Reports pretax profit of MYR84,676, about GBP14,840, for the six months to September 30, down from MYR139,587 posted a year earlier. This is due to higher administrative expenses of MYR77,719, which grew from MYR42,898 a year ago.

Current stock price: 10.00p

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Hidong Estate PLC 10.00 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.