Tuesday 21 February 2012

Lion Forest declines on Q2 profit tumble

Lion Forest Industries Bhd, a plantations and building materials group, dropped 1.9 percent to RM1.59 in Kuala Lumpur trading at 10.15am, headed for its lowest close since Feb. 13.

Second-quarter profit tumbled to RM674,000 from RM189.4 million a year earlier, according to an exchange filing. -- Bloomberg



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