Pantech Group Q3 earnings slip 22.5% to RM12.09mil

KUALA LUMPUR: Pipe manufacturer Pantech Group Holdings Bhd's earnings fell 22.5% to RM12.09mil in the third quarter ended Nov 30, 2013 from RM15.61mil a year ago mainly due to lower contribution from the trading division.

It said on Wednesday that revenue fell 23.5% to RM131.08mil from RM171.52mil a year ago. Earnings per share were 2.24 sen compared with 3.33 sen.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Pantech , pipes , earnings , revenue

Next In Business News
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
HK’s lure for key IPO investors
Questions surface over timing of UEM Edgenta’s SCR move
Asia-Pacific ratings hold firm
Strong momentum seen for Vietnam equities
Gold rush rolls on
Stake sales for national goals
Where great minds and spirits met
NEXT-GEN INDUSTRY REDEFINED
Pet shop joys

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.