Ajiya Bhd recorded a lower pre-tax profit of RM34.07 million in the financial year ended Nov 30, 2010, as compared to RM37.05 million in the same quarter of 2009.

Revenue, however, increased to RM329.81 million from RM312.39 million in the previous year.

Ajiya in a filing to Bursa Malaysia today said, for the next financial year prospects, the uncertainties in the global economy will pose a greater challenge to the group to maintain its performance.

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