Media Chinese International issues profit warning

– A + A KUALA LUMPUR (Feb 5): Media Chinese International Ltd (MCIL) had today issued a profit warning, saying that the group could have recorded a third quarter profit attributable to owners of the company or net profit in the range of approximately US$1.2 million (about RM4.88 million) to US$1.5 million, compared to US$3.4 million a year earlier, as the global Covid-19 pandemic, which has sharply restricted economic activities, led to a significant decline in the group's tour business and advertising revenue. MCIL, which is listed on Bursa Malaysia and the Hong Kong bourse, said today that based on…