Apex Q3 net profit dips on higher expenses

PETALING JAYA: Apex Healthcare Bhd’s net profit dipped by 1.5% year-on-year (y-o-y) in the third quarter ended Sept 30 as higher expenses weighed down the improvement in revenue.

In a filing with the stock exchange yesterday, the pharmaceutical group said it recorded a net profit of RM14.01mil compared with RM14.22mil in the corresponding previous quarter.