Maybulk's 3Q earnings fall 99%, sees lower earnings in FY12

KUALA LUMPUR (Nov 24): MALAYSIAN BULK CARRIERS BHD []'s net profit fell 99% to RM371,000 for 3QFY11 ended Sept 30, from RM87.75 million a year earlier. Revenue declined 60% to RM44.4 million compared with RM109 million a year earlier. Basic earnings per share for the quarter fell to 0.04 sen versus 8.77 sen a year earlier.

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