BAT 3Q net profit falls 21% to RM56.5mil

British American Tobacco (M) Bhd managing director Nedal Salem

KUALA LUMPUR: British American Tobacco (M) Bhd (BAT), which saw its net profit fall 21% to RM59.5mil in the third quarter ended Sept 30 (3Q), aims to grow the market share of its vapour product Vuse and glo, tobacco heating product.

During the quarter, BAT’s revenue dipped to RM606.8mil against RM666.9mil a year ago while earnings per share fell to 20.90 sen from 26.40 sen previously.