Ajiya Bhd's pre-tax profit for the third quarter ended Aug 31, 2010 fell to RM8.677 million from RM11.827 million in the same quarter of the preceding financial year.

However, revenue rose to RM85.766 million from RM83.091 million previously, mainly due to better market sentiments, it said in a filing to Bursa Malaysia Securities.

For the nine-month period, its pre-tax profit increased to RM28.410 million from RM27.203 million in the same period last year, while revenue rose to RM249.810 million from RM234.182 million previously.

It said uncertainties in the global economic environment would cause greater challenges to the group to maintain its performance.

Nevertheless, the group would continue its efforts to enhance its position and performance in both domestic and overseas markets. -- Bernama