HLT posts lower earnings


Revenue was almost doubled to RM70.3mil from RM38.4mil a year ago, the company said in a filing with Bursa Malaysia.

KUALA LUMPUR: HLT GLobal Bhd, a maker of glove-dipping lines and rubber gloves, reported a surge in quarterly revenue, but its earnings in the three-month ended Sept 30 were lower due to a sharp increase in operating expenses.

Net profit in the third quarter ended Sept 30 declined to RM2.36mil compared with RM2.7mil made a year ago.

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