George Kent quarterly net profit at RM8.74mil

The company said in the notes to its financial statement that its metering and engineering business divisions had been impacted by lower revenue and profit margins. (File pic shows water meters from George Kent with one of its officials. - The Star/NORAFIFI EHSAN

PETALING JAYA: George Kent (M) Bhd’s net profit fell 21% in its second quarter ended July 31 to RM8.74mil from RM11.05mil in the same quarter a year ago.

Revenue also fell to RM70.16mil from RM97.72mil previously.