LKL posts 48% decline in net profit on lower sales


PETALING JAYA: Healthcare furniture manufacturer LKL International Bhd posted a 48% decline in net profit for the third quarter ended Jan 31, to RM1.12mil from RM2.4mil a year ago, due to lower sales of medical beds on the back of softer market conditions.

Revenue for the quarter was 38% lower to RM7.34mil from RM11.8mil previously.

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Business , LKL , healthcare

   

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