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Midas sees 3Q earnings rise 63% to $4.7 mil on higher contributions from associate

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Midas sees 3Q earnings rise 63% to $4.7 mil on higher contributions from associate

Michelle Zhu Published on Mon, Nov 14, 2016 / 7:15 PM GMT+8

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SINGAPORE (Nov 14): Midas Holdings, the dual-listed manufacturer of aluminium alloy extruded products for the passenger rail transportation sector in China, reported a 62.5% increase in 3Q16 net profit to RM22.6 million ($4.7 million) from RM13.9 million a year ago.

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