KNM GROUP BHD saw its net profit drop by 25.8%

KNM GROUP BHD saw its net profit drop by 25.8% year-on-year for its second quarter ending June 30, 2009, to RM71.42 million from RM96.29 million and no dividend was declared for the quarter.

However this bad news is already reviewed on KNM share price by drop to RM0.77 and low volume. Now the bad news had roll out and soon I think likely the share price will gains on oil rebound in coming next week.

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