IOI Corp 3Q net profit surges 6.7 times on forex, Loders disposal gains

KUALA LUMPUR (May 16): IOI Corp Bhd's net profit surged 6.7 times to RM2.07 billion in the third financial quarter ended March 31, 2018 (3QFY18) from RM305.3 million a year ago, due mainly to foreign exchange (forex) gain of RM201.9 million and higher contribution from the resource-based manufacturing segment.