KUALA LUMPUR: Shares in Malaysian Pacific Industries Bhd (MPI) rose over 6% in early trade Tuesday after the company beat analyst expectations in its latest quarterly results.
The top gainer on Bursa Malaysia jumped RM1.06, or 6.75% to RM16.76, its highest in at least 10 years.The semiconductor manufacturer posted a net profit of RM49.04mil in the fourth financial quarter ended June 30, 2020 (4QFY20), up 63% from RM30.05mil in the previous corresponding quarter.
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