Pantech Group Q3 earnings slip 22.5% to RM12.09mil

KUALA LUMPUR: Pipe manufacturer Pantech Group Holdings Bhd's earnings fell 22.5% to RM12.09mil in the third quarter ended Nov 30, 2013 from RM15.61mil a year ago mainly due to lower contribution from the trading division.

It said on Wednesday that revenue fell 23.5% to RM131.08mil from RM171.52mil a year ago. Earnings per share were 2.24 sen compared with 3.33 sen.

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