Sime Darby Swings To Q4 Net Profit

Sime Darby Bhd SMEBF swung to a net profit in the fourth quarter. Sime Darby reported a net profit of MYR1.31 billion in the three months ended June 30, versus a net loss of MYR77.4 million, in the year-ago period. Sime Darby shares closed at $2.80 yesterday.