KUALA LUMPUR: MALAYSIAN PACIFIC INDUSTRIES [] Bhd (MPI) reported an 81% decline in its third quarter earnings to RM5.05 million from RM27.14 million a year ago due to the strengthening of the ringgit against the US dollar and rising commodities prices.
It said on Tuesday, April 26 that revenue fell 5.3% to RM334.82 million from RM353.68 million while earnings per share were 2.61 sen compared with 13.92 sen. It proposed dividend of 10 sen a share.
For the nine months period, its earnings fell 20.4% to RM56.18 million from RM70.63 million a year ago. Its revenue rose 5.9% to RM1.072 billion from RM1.012 billion.
It said on Tuesday, April 26 that revenue fell 5.3% to RM334.82 million from RM353.68 million while earnings per share were 2.61 sen compared with 13.92 sen. It proposed dividend of 10 sen a share.
For the nine months period, its earnings fell 20.4% to RM56.18 million from RM70.63 million a year ago. Its revenue rose 5.9% to RM1.072 billion from RM1.012 billion.
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