Wednesday 28 December 2011

Multi-Code gains on Q1 profit surge

Multi-Code Electronics Industries Bhd, a Malaysian auto parts maker, rose the most in two weeks in Kuala Lumpur trading after fiscal first-quarter profit surged 80 percent to RM3.2 million.

The stock gained 12 percent to 75 sen at 9:08 a.m. local time, set for its steepest increase since Dec. 13. -- Bloomberg



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