JCorp's FY23 profit rises 9% to RM2.4bil

Quick Summary:

KUALA LUMPUR: Johor Corporation (JCorp) saw its gross profit increase by 9% to RM2.4bil for the fiscal year ending 2023 (FY23), with revenue rising 8% to RM6.2bil.

JCorp’s agribusiness segment achieved RM1.3bil revenue in FY23, down 27% compared to the previous year.

JCorp is well-positioned to play a key role in this growth, leveraging its diverse portfolio and industry expertise to contribute to the state's economic advancement.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: Syed Mohamed Syed Ibrahim Johor Corp /Business/Business News Corporate News JCorp

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 14:53:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 520 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21747261

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