Sime Darby Bhd
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Based in Malaysia
Company profile

Sime Darby Berhad is a Malaysia-based investment holding company managing Sime Darby Group. The Group's major business activities are classified into six segments, namely Motors, Plantation, Industrial, Property Energy & Utilities and Others. Its Motors segment covers the assemble and distribution of vehicles and the provision of after-sale services. Its Plantation segment includes the production of crude palm oil, palm kernel, rubber, sugar cane, cattle products, as well as the refining of palm oil. Its Industrial segment is involved in the trading, rental and servicing of heavy equipment. Its Property segment comprises the development of residential, commercial and industrial properties, together with the management and provision of recreational facilities. Its Energy & Utilities segment includes the provision of engineering services, the management of port facilities and the treatment and distribution of treated water. Its Others segment covers healthcare and insurance services.

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Oreo maker Mondelez's Q1 earnings top Wall Street views

4:38 pm ET April 27, 2021 (MarketWatch)

Shares of Mondelez International Inc. (MDLZ) rose more than 3% in the extended session Tuesday after the maker of Oreos and other food and beverages reported first-quarter profit and sales above expectations. Mondelez said it earned $961 million, or 68 cents a share, in the quarter, compared with $736 million, or 51 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned 77 cents a share. Sales rose 8% to $7.2 billion. Analysts polled by FactSet had expected Mondelez to report adjusted earnings of 69 cents a share on sales of $7 billion. First-quarter results "demonstrate that we are emerging from the COVID-19 pandemic stronger," Chief Executive Dirk Van de Put said in a statement. "We saw continued improvement across emerging markets, healthy demand in developed markets and another quarter of strong share performance." Mondelez ended the regular trading day down 0.1%.

-Claudia Assis; 415-439-6400;


(END) Dow Jones Newswires

April 27, 2021 16:38 ET (20:38 GMT)

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