Magnum 1Q net profit more than doubles to RM16.5mil


KUALA LUMPUR: Magnum Bhd’s net profit more than doubled to RM16.65mil in the first quarter ended March 31, from RM7.51mil in the same period last year on higher revenue.

The numbers forecast operator (NFO) saw its revenue rise 30.5% to RM501.04mil in the first quarter against RM383.9mil a year prior.

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