Sapura Industrial’s profit halved
PETALING JAYA: Industrial and automotive manufacturing company Sapura Industrial Bhd said its net profit for the fourth quarter ended Jan 31, 2019 halved to RM2.66mil from RM5.21mil in the same quarter a year ago.
The company, in a filing with Bursa Malaysia, blamed the lower profit performance on some non-recurring expenses.
Basic earnings per share dropped to 3.65 sen from 7.16 sen a year ago.
Sapura Industrial said its revenue of RM66.03mil for the current quarter was higher than the previous year’s
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