MPI reports lower third quarter earnings


  • Business
  • Saturday, 25 May 2019

KUALA LUMPUR: Chip maker Malaysian Pacific Industries Bhd (MPI) saw its earnings take a hit in the third quarter ended March 31, 2019 due to lower revenue and foreign exchange (forex) loss and it expects the operating environment to remain challenging.

It said in a filing with Bursa Malaysia yesterday that the challenges were due to the uncertainties in the global economy for the rest of its financial year ending June 30, 2019.

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