Magnum’s net profit rises 9.9%

KUALA LUMPUR: Magnum Bhd’s earnings rose 9.9% to RM90.76mil for the first quarter ended March 31, 2015 from RM82.53mil a year ago boosted by higher gaming profit.

However, its revenue declined 0.16% to RM791.27mil compared to RM792.54mil a year ago due to one less draw, which was mitigated by higher sales from the jackpot game and contribution from the new game.