Kumpulan FIMA Bhd reported earnings results for the year ended March 31, 2016. For the period, the company reported pre-tax profit declined by 8.9% to MYR 111.37 million from MYR 122.30 million in the same quarter last year. This performance was mainly attributed to the lower pre-tax profit recorded by the manufacturing, plantation, bulking and food divisions and an increase in operating costs of certain divisions. Revenue also declined by 0.7% to MYR 541.11 million from MYR 544.79 million previously, due to lower revenue generated by the plantation and food divisions.

The company expects its performance to be challenging for fiscal 2017.