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LFE Corp 3Q net loss at RM2.07m

KUALA LUMPUR: LFE Corporation Bhd has posted net loss of RM2.07 million for its third quarter (3Q) ended Sept 30, 2010, from a net profit of RM659,000 a year ago on lower revenue.

Its turnover plunged 69.8% to RM13.35 million from RM44.27 million a year ago on lower contribution from its construction activities, it announced to Bursa Malaysia on Friday, Nov 26.

Basic loss per share stood at 2.45 sen, from 0.78 sen while net assets per share stood at 32 sen, from 36 sen a year ago.
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