Pantech Q3 net profit at RM8.7mil


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PETALING JAYA: Pipes and valve supplier Pantech Group Holdings Bhd’s earnings declined in the third quarter (Q3) ended Nov 30,2020, on lower contribution from its trading division.

Net profit fell 15% to RM8.7mil from RM10.27mil a year ago, while revenue dropped to RM133mil from RM166mil previously.

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