OI's Profit Drops 67% in Fiscal Q2

MT Newswires Live

2025/02/26

IOI (KLSE:IOICORP) said profit attributable to owners plunged 67% to 111.1 million ringgit from 335.4 million ringgit in the fiscal second quarter ended December 2024.

Earnings per share slumped to 0.0179 ringgit from 0.0541 ringgit a year ago, according to a Tuesday Malaysian bourse filing.

Revenue jumped 24% year over year to 2.97 billion ringgit from 2.40 billion ringgit, the petrochemical products manufacturer said.

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