KUALA LUMPUR: Tomei Consolidated Bhd reported a sharp year-on-year (y-o-y) drop in net profit for the third quarter ended Sept 30, to RM1mil compared with RM13.6mil in the previous corresponding quarter.
In a filing with Bursa Malaysia, the jewellery merchant said it experienced a decline in revenue as the retail segment’s contribution slumped 42% y-o-y due to the Covid-19 movement control measures.
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