KUALA LUMPUR: HIL Industries Bhd
posted a lower net profit of RM7.42mil in the third quarter ended Sept 30 against RM7.6mil a year earlier, due to lower profit recognition for the ongoing projects.
Revenue for the quarter rose 16.7% to RM43.5mil from RM37.3mil previously on increased orders for automotive parts components from its major customers.
Its earnings per share for the quarter stood at 2.24 sen from 2.29 sen previously.
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