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KNM 4Q net profit at RM3m vs RM41m net loss a year earlier

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KNM 4Q net profit at RM3m vs RM41m net loss a year earlier Empty KNM 4Q net profit at RM3m vs RM41m net loss a year earlier

Post by Cals Sat 01 Mar 2014, 01:43

KNM 4Q net profit at RM3m vs RM41m net loss a year earlier
Business & Markets 2014
Written by Chong Jin Hun of theedgemalaysia.com   
Friday, 28 February 2014 18:19

KUALA LUMPUR (Feb 28): Process equipment manufacturer KNM Group Bhd reported a net profit of RM3.1 million in the fourth quarter ended December 31, 2013. This compares to a net loss of RM40.7 million a year earlier.

In a statement to the exchange today, KNM said full-year net profit fell to RM23.8 million from RM72.3 million a year earlier. Revenue was lower at RM1.99 billion versus RM2.39 billion.
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