Tuesday 22 November 2011

Latexx falls after Q3 profit shrinks

Latexx Partners Bhd, a Malaysian rubber-glove maker, fell to its lowest level in almost three weeks in Kuala Lumpur trading after reporting a 28 percent drop in third-quarter profit to RM12.7 million.

The stock dropped 2.7 percent to RM1.82 at 9:07 a.m. local time, set for its lowest close since Nov. 3. -- Bloomberg



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