During the quarter in review, the car distributor registered a net profit of RM32.82mil compared with RM19.43mil in the corresponding period last year. Consequently, its earnings per share jumped to 8.4 sen from 4.97 previously
KUALA LUMPUR: Property developer Glomac Bhd
posted a 20% drop in net profit to RM4.3mil in the third quarter ended Jan 31 amid a “difficult” operating environment.
“Even with the planned future launches for the current financial year, the group’s performance for the financial year ending April 30 is expected to be challenging,” it said in a filing with Bursa Malaysia today.
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