At 10.30am, BAT had increased by 2.35% or 34 sen to RM14.78, making it the third top gainer on Bursa, with 306,900 shares transacted so far. The company's net profit for 3QFY21 rose 23.43% to RM78.68 million year-on-year (y-o-y) from RM63.74 million, boosted by an increase in market share. “The 9MFY21 core net profit constituted 74% of our full-year forecast, which put it within our expectations. A further rise in the premium segment’s share of sales is an upside risk,” Kamarul noted. Read also:BAT Malaysia’s 3Q net profit rises 23.43% to RM78.68m, pays 26 sen dividend

Source: The Edge Markets October 29, 2021 03:38 UTC