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Article: MALAYSIA'S COSWAY REPORTS SLIDE IN Q1 PRE-TAX PROFIT.

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AsiaPulse News
Article date:
September 22, 2005
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KUALA LUMPUR, Sept 22 Asia Pulse - Cosway Corporation Berhad (KLSE:4812) has reported an 8.2 per cent on-year slide in group pre-tax profit to RM19.815 million (US$5.3 million) for its first quarter ended 31 July 2005 due to lower margins in its key segments.

Lower margins were achieved by its consumer durables segment as well as manufacturing and marketing of personal care and household products segment, it said in a filing to Bursa Malaysia on Wednesday.

Group revenue for the current quarter increased 5.4 per cent on-year to RM275.842 million, thanks to ...

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