Johor Plantations Group Berhad Achieves Over 100% YoY Jump In PBT For 9M FY2024

13/11/2024 05:26 PM

JOHOR BAHRU, Nov 13 (Bernama) -- Johor Plantations Group Berhad (formerly known as Johor Plantations Berhad) (JPG), and its subsidiaries (collectively the Group)’s profit before tax and zakat (PBT) rose by 24.7% year-on-year (YoY) to RM113.2 million for the third quarter ended 30 September 2024 (3Q FY2024) from RM90.8 million in 3Q FY2023. Consecutively, the Group’s net profit increased by 12.5% to RM76.4 million in 3Q FY2024 from RM67.9 million in 3Q FY2023.

This was registered at the back of an 18.3% increase in revenue YoY in 3Q FY2024, marking a growth to RM404.1 million from RM341.6 million in 3Q FY2023.

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