JCY International Bhd's pre-tax profit for the first quarter ended Dec 31, 2010, fell to RM7.55 million from RM77.78 million in the same period of 2009.
The lower pre-tax profit was brought on by higher cost of production with the rise in the price of raw materials and increase in labour cost, JCY said in a filing to Bursa Malaysia today. Revenue declined to RM438.9 million from RM528.2 million previously. -- Bernama
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