PETALING JAYA: Pharmaniaga Bhd’s net profit for its third quarter ended Sept 30,2020 rose to RM1.44mil from RM481,000 in the previous corresponding period, as a result of lower operating expenditure during the movement control order that was enforced by the government to curtail the spread of the Covid-19 pandemic.
In a filing with Bursa Malaysia yesterday, the pharmaceutical company said revenue in the third quarter dropped to RM624.80mil from RM716.85mil a year earlier.
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