PPB Group Shares Fall After Quarterly Earnings Miss

By Ying Xian Wong

PPB Group shares fell early Thursday, after its first-quarter earnings came in below expectations.

The Malaysian diversified conglomerate late Wednesday said its net profit was MYR377.5 million ($81.8 million), compared with MYR303.2 million a year earlier, mainly due to a turnaround for its grains and agribusiness, coupled…