PT Resources' (KLSE:PTRB) profit attributable to owners plummeted to 4.1 million ringgit in the fiscal fourth quarter ended April 30 from 15.1 million ringgit a year earlier.
Shares gained about 2% in late morning trade on Wednesday.
Basic earnings per share dropped to 0.0076 ringgit from 0.0282 ringgit in the year-ago quarter, according to a Wednesday Malaysian bourse filing.
Revenue, however, rose to 172.5 million ringgit from 146.5 million ringgit, the Malaysian real estate company said.
The board did not recommend a dividend for the period.
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