Etika has had a lousy FY2011 and the 9M ended June 30, 2012 (â9MFY2012â) wasn't looking great either for this business that I once was in luv with.
in 9M12, Group revenue improved 16.4% to RM748.2 million.
However net profit was affected by an increase in operating costs, higher finance costs and losses suffered by certain subsidiaries.
Net profit decline 19.3% to RM14.6 million in 9MFY2012.