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Kurnia Asia's net profit rises sharply

BUSINESS TIMES - Friday, May 8th, 2009

KURNIA ASIA BHD's net profit for the nine months ended March 31, 2009 rose to RM14.39 million from RM1.3 million in the same corresponding period last year.

In a statement, Kurnia said the improvement was largely attributed to the company's sustained positive underwriting performance to date for financial year 2008/2009, as well as stronger investment performance achieved during the quarter under review.

It said there was still room for improvement amid a challenging environment. - Bernama


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