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Deleum, top loser in morning trade
by hlk Thu 23 May 2013, 14:18
Shares of oil and gas counter Deleum, fell sharply this morning, following the announcement on a decline in its earnings
yesterday.
As at 11.55am, Deleum fell 40 sen to RM3.22 with 1.5 million shares transacted and was the top loser.
The Group recorded a 27 per cent or RM4.1 million decline in
profit before tax of RM11.1 million for the first quarter 2013, compared to RM15.3 million in the corresponding quarter of 2012.
It
said the reduction in the current quarter was mainly attributable to a
drop in retrofit projects and deferment of oil and gas projects.--
Bernama
yesterday.
As at 11.55am, Deleum fell 40 sen to RM3.22 with 1.5 million shares transacted and was the top loser.
The Group recorded a 27 per cent or RM4.1 million decline in
profit before tax of RM11.1 million for the first quarter 2013, compared to RM15.3 million in the corresponding quarter of 2012.
It
said the reduction in the current quarter was mainly attributable to a
drop in retrofit projects and deferment of oil and gas projects.--
Bernama
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