Sumatec slips after caution over profit target


KUALA LUMPUR: Sumatec Resources Bhd fell to a low of 45.5 sen in active trade as investors took profit and also triggered by its caution that it might not achieve its net profit of RM69mil in the financial year ending Dec 31, 2014.

At 11.09am, it was down three sen to 46 sen. Turnover was 156.40 million shares at prices ranging from 45.5 sen and 49 sen.

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