September 26, 2011

NTPM slides on 26pc Q1 profit decline

Stock Name: NTPM
Company Name: NTPM HOLDINGS BHD
Research House: OSKPrice Call: SELLTarget Price: 0.46



NTPM Holdings Bhd, a Malaysian tissue-paper maker, fell the most in seven weeks in Kuala Lumpur trading after fiscal first-quarter profit dropped 26 percent to RM9.23 million.

The stock slid 3.8 percent to 51 sen at 9:11 a.m. local time, set for its biggest drop since Aug. 8. -- Bloomberg

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