KUALA LUMPUR: SCGM Bhd’s shares tumbled 13% in early trade Monday as the company reported a 97% slump in profits in the fourth quarter ended April 30.
The food packaging manufacturer is among the biggest losers on Bursa, shedding 13.26%, or 24 sen to RM1.57 with 1.2 million shares traded. SCGM-WA fell 4.35%, or one sen to 22 sen.
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