KUALA LUMPUR: Malton Bhd, the property developer controlled by tycoon Tan Sri Desmond Lim Siew Choon, posted a steep drop in net profit in the first quarter ended Sept 30.
Earnings fell to RM4.66mil compared with RM26.65mil made in the same quarter a year ago. Revenue was higher at RM157.9mil compared with RM124.8mil previously.
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