Three-A shares dip 7% as profit slumps


KUALA LUMPUR:Three-A Resources Bhd shares fell 7% in early trade Tuesday as its first quarter to March 31 net profit drops 40%.

The counter fell 7.62%, or eight sen to 97 sen with over 1.6 million shares done. Year-to-date, Three-A has fallen some 27% and is currently trading at a PE ratio of 12.29 times.

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