NTPM’s Q1 earnings at RM7m, sees tougher year ahead


KUALA LUMPUR: NTPM Holdings Bhd’s earnings fell 41.5% to RM7mil in the first quarter ended July 31, 2014 from RM11.97mil a year ago due to higher production costs.

The paper products manufacturer said on Friday it expected the business environment in the current FY ending April 30, 2015 to be more competitive due to mounting costs pressure and keen competition.

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