KUALA LUMPUR: Shares of GETS Global Bhd plunged 27.59% in early trade Wednesday after the company reported a more than 10% deviation in profit between audited and unaudited results. The transportation services company fell 27.59%, or four sen to 10.5 sen with 185,000 shares traded. Gets said there was a deviation of more than 10% between the group’s profit after tax and non-controlling interest as stated in the June 30, 2018 (FQ FPE 2018) announced on Aug 29, 2018 and June 30, 2018 (AFS 2018). As a result, the auditor also expressed its unmodified opinion on the results for FP18. However, the express bus service has reported significant losses during the year of RM9.51 million, therefore indicating that the express buses may be impaired.

Source: thestar November 07, 2018 01:29 UTC