Friday, 28 October 2011

Riverview Rubber posts lower Q3 pre-tax profit

Riverview Rubber Estates Bhd's pre-tax profit for the third quarter ended Sept 30, 2011 decreased to RM5.64 million from RM6.75 million in the same quarter last year.

Revenue slipped to RM6.85 million from RM7.16 million previously due to
lower production of fresh fruit bunches , it said in a filing to Bursa Malaysia here today.

Going forward, Riverview Rubber Estates said, it remained positive of the group's prospects. -- Bernama
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