IOI Corp Bhd has posted a lower pre-tax profit of RM159.8mil for the third quarter ended March 31, against RM173.6mil in the previous corresponding period, despite a 73% surge in revenue to RM1.123bil from RM650.6mil a year ago.
Net profit dropped 17% to RM86.5mil from RM103.7mil previously, while earnings per share came in at 9.3 sen, compared with 12.22 sen a year earlier.
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