Quick take: Hume Industries continues uptrend, added 6.9%

KUALA LUMPUR: Shares of Hume Industries Bhd continued to gain ground in early trade Wednesday.

The counter, one of the top gainers, climbed nine sen, or 6.92% to RM1.39 with 1.58 million shares traded. Humeind-LA rose 4.65%, or eight sen to RM1.80.

Hume Industries has sustained its advances, gaining more than 168.6% since the beginning of the year. In the past one year, its shares appreciated 10.48%.

In the third quarter ended March 31, 2019, the group’s net loss widened to RM24.19mil from RM18.9mil in the previous year. Its revenue was lower at RM152.8mil compared with RM179.76mil a year ago.

For the cumulative nine months ended March 31, the group’s net loss widened to RM70.27mil from RM22.88mil in the same previous corresponding period.

Revenue for the period fell 5.76% to RM475.38mil, compared with RM504.43mil a year ago.

Stock on the Move , Hume Industries