In a filing with Bursa Malaysia, BAT said the group’s duty-free business operations remained impacted by Covid-19 travel restrictions that continued in the third quarter.
PETALING JAYA: British American Tobacco (M) Bhd
’s (BAT) net profit for its third quarter ended Sept 30,2020 dropped 23% to RM63.74mil from RM83.13mil in the previous corresponding period, as business was affected by the Covid-19 pandemic and the growing tobacco black market.
In a filing with Bursa Malaysia, BAT said the group’s duty-free business operations remained impacted by Covid-19 travel restrictions that continued in the third quarter.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
