Pharmaniaga Q3 net profit lower at RM8.62mil

KUALA LUMPUR: Pharmaniaga Bhd’s net profit slumped to RM8.62 million in the third quarter ended Sept 30, 2022 (Q3 FY2022) compared with RM49.84 million in the corresponding quarter a year ago.

Revenue for the quarter under review declined 56.6 per cent to RM924.68 million from RM2.13 billion recorded in the same period a year ago as the country enters into the endemic phase of COVID-19.