Mali Co. surpassed expectations in net profit for the fourth quarter.

The fourth-quarter net profit announced by Malico Company exceeded analysts' average expectations. The fourth-quarter net profit was 3.43 billion rupees, a year-on-year increase of 7.9%, compared to analysts surveyed by Bloomberg who generally expected 3.37 billion rupees. Revenue was 27.3 billion rupees, a 20% year-on-year increase, compared to an expected 26.56 billion rupees.