Sapura Industrial’s profit halved

TheStar Fri, Mar 22, 2019 08:01am - 5 years View Original


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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