KURNIA Asia Bhd posted RM2.38 million in losses for its third quarter ended Sept 30, 2010, from a pre-tax profit of RM32.62 million recorded in the same quarter last year.

However, revenue rose to RM300.6 million from RM254.96 million.

In a filing to Bursa Malaysia today, it said the group was on track to achieve strong non-motor growth for the remaining fiscal year, and will continue its efforts to improve its overall financial performance and position.

For its cumulative nine-month period ended Sept 30, it recorded a lower pre-tax profit of RM38.63 million, compared with RM83.65 million recorded in the previous corresponding period.

Meanwhile, revenue rose to RM865 million from RM800 million previously.

BERNAMA