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Three-A 1Q profit down 30.7% on higher costs
by hlk Fri 26 Apr 2013, 15:55
Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Friday, 26 April 2013 13:56
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KUALA LUMPUR (April 26): THREE-A RESOURCES BHD [] announced
to Bursa Malaysia that its net profit for the first quarter ended March
31, 2013, fell 30.6% year-on-year to RM2.73 million.
But its first quarter revenue increased to RM73.8 million, from RM71.4
million
In its explanatory notes, the company said the 3.3% rise in revenue was
due to increase in demand for the group’s products.
But the profit fell due to higher raw material costs and higher share of
losses from a jointly-controlled firm.
Written by Ho Wah Foon of theedgemalaysia.com
Friday, 26 April 2013 13:56
A + / A - / Reset
KUALA LUMPUR (April 26): THREE-A RESOURCES BHD [] announced
to Bursa Malaysia that its net profit for the first quarter ended March
31, 2013, fell 30.6% year-on-year to RM2.73 million.
But its first quarter revenue increased to RM73.8 million, from RM71.4
million
In its explanatory notes, the company said the 3.3% rise in revenue was
due to increase in demand for the group’s products.
But the profit fell due to higher raw material costs and higher share of
losses from a jointly-controlled firm.
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