♦ In line. IJMP’s 1QFY03/11 core net profit was in line with our and consensus estimates, making up 23% of our and consensus FY03/11 projections. IJMP recorded an EI gain of RM2.5m in 1QFY03/11, relating to a gain on disposal of a plantation asset. No dividend was declared for the quarter.
IJM Plantations Berhad : Benefitting From Improved Prices, But Valuations Still Stretched - 26/08/2010
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