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

25th Oct 2021 14:15

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; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.

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