Saturday, 15 August 2015
Tropicana Corp
Tropicana Corp Bhd’s net profit for the 2QFY15 fall 74% YoY to RM23.2mn from
RM89.5mn, mainly because 2QFY14 had recognised gains from the disposal of properties
and a joint venture unit. Revenue for the quarter, however, improved a marginal 3.6% YoY to
RM312.3mn from RM301.5mn last year, underpinned by higher revenue recognition across
key projects and proceeds from land sales. (The Edge)
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