Pharmaniaga net profit down 36%


According to a Bursa Malaysia filing, the lesser net profit was due to the lower production by Pharmaniaga

PETALING JAYA: Pharmaniaga Bhd registered a 36% drop in net profit to RM9.52mil for its second quarter ended June 30 compared with the previous corresponding period.

According to a Bursa Malaysia filing, the lesser net profit was due to the lower production by Pharmaniaga’s manufacturing facilities, arising from the temporary closure of certain production lines for prepatory works to facilitate the commercialisation of new products that were approved ahead of schedule.

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