From January to April, the Danish pharmaceutical giant’s net profit came in at €6.5 billion.
Business
The company’s net profit for the first quarter fell 23.1% to €1.67 billion, while its core profit margin fell to 7.6% from 9.2%.
Palm oil futures are expected to extend gains to around RM5,000 by June and potentially reach RM5,200 by mid-July on biodiesel demand, said analyst Dorab Mistry, whose supply and price forecasts often move markets.
Flash floods hit several areas in Klang Valley
The areas reported to be inundated include the Kuchai Link and the Maju Jaya U-turn on the NPE as well as Desa Tun Razak.
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