KUALA LUMPUR: After experiencing a decline in its first quarter earnings, Magnum Bhd is expecting the full impact of the Covid-19 pandemic to hit in the coming quarter.
The group announced today that net profit for the first quarter ended March 31, 2020, slid 7% to RM55.59mil versus the previous corresponding quarter on the back of lower revenue from gaming sales. The group declared a first interim dividend of 2.5 sen per share payable on June 26, 2020.
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