KUALA LUMPUR (May 28): Sime Darby Bhd shares fell 6.88% in active trade this morning, after it saw an 80.5% drop in net profit to RM135 million in its third financial quarter ended March 31, 2018 (3QFY18), from RM692 million a year ago. 

However, it is worth noting that 3QFY17’s net profit of RM692 million includes results from discontinued operations of the plantation and property divisions.

At 11.19am, Sime Darby lost 19 sen to RM2.57, with 10.17 million shares done.

Sime Darby’s continuing operations recorded a net profit of RM135 million in 3QFY18, dropping 28.6% from RM189 million in 3QFY17.

Revenue for continuing operations in 3QFY18 rose 5.3% to RM8.29 billion, from RM7.87 billion a year ago.