KUALA LUMPUR: Tong Herr Resources Bhd
’s net profit slipped 12.7% to RM7.34mil for the first quarter ended March 31, 2015, from RM8.41mil a year ago due to foreign exchange loss from the weakening of the ringgit.
However, its revenue jumped 18.9% to RM158.82mil for the quarter compared to RM133.56mil a year ago contributed by higher sales from its fasteners division.
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