Bumi Armada’s Q3 net profit surges 79.2%


PETALING JAYA: Lower impairment losses and cost of sales boosted Bumi Armada Bhd’s net profit in the third quarter ended Sept 30, which surged by 79.2% year-on-year (y-o-y).

In a filing with the stock exchange yesterday, Bumi Armada reported a net profit of RM153.41mil, as compared to RM85.62mil in the previous corresponding quarter.

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