Atlan hit by higher material costs, forex losses


PETALING JAYA: Atlan Holdings Bhd’s net profit for its third quarter ended Nov 30, 2017 plunged 90% to RM1.61mil from RM16.68mil in the previous corresponding period.

The company’s results were weighed down by a weaker performance across all business segments due to higher material costs and foreign exchange (forex) net losses.

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