Tag: Luxchem prospects intact despite disappointing earnings

Luxchem prospects intact despite disappointing earnings

AmInvestment Research has trimmed Luxchem Corp Bhd’ s FY17 earnings by 18% following  disappointing 9MFY17 results. However, prospects for the company remain intact, it said. Luxchem’s net profit of RM9mil was up 4% q-o-q but lower by 10% y-o-y. For 9mFY17,…