Oriental Daily - Tropicana Corporation Q4 net profit

Kuala Lumpur, 26 February 2019 – Due to extra collection from Inland Revenue Board (IRB), Tropicana Crop. Bhd.’s (TROP, 5401, main market, property) net profit fell 32.7% to RM 51.48mil in the fourth quarter ended Dec 31, 2018 (4QFY18), whereas Quarterly revenue was 9.2% higher at RM 593.93mil.

The group's net profit down by 6% to close FY18 on a lower note at RM 170.03mil, while revenue was also down 9.9% to RM 1.64bil.