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BRIEF-Sime Darby Plantation Says Qtry Profit Attributable 129 Mln RGT

Reuters

Feb 28 (Reuters) - Sime Darby Plantation Bhd:

* QTRY PROFIT ATTRIBUTABLE 129 MILLION RGT

* QTRLY REVENUE 3.50 BILLION RGT

* EXPECTS FFB PRODUCTION TO IMPROVE IN THE FINANCIAL YEAR ENDING 31 DEC 2019

* QTRLY YEAR AGO REVENUE 4.09 BILLION RGT; QTRLY YEAR AGO NET PROFIT 429 MILLION RGT

* SLOWER PRODUCTION GROWTH AND HIGHER DEMAND FROM CHINA AND INDIA, COULD LEND SUPPORT TO CPO PRICES

* EXPECTS ITS RECURRING OPERATING PERFORMANCE FOR THE FINANCIAL YEAR ENDING DEC 2019 TO BE SATISFACTORY

* DECLARED FINAL SINGLE TIER DIVIDEND OF 1.7 SEN PER SHARE FOR FINANCIAL PERIOD ENDED 31 DECEMBER 2018 Source text : (https://bit.ly/2ICXu27) Further company coverage: