Pentamaster confident of 2H23 growth


PETALING JAYA: Pentamaster Corp Bhd remains forward-looking with optimism in sustaining a steady momentum of growth in the second half of 2023 (2H23) with its encouraging order book strength.

In the second quarter ended June 30, Pentamaster’s net profit rose 23.2% to RM23.6mil from RM19.2mil in the same period last year. Revenue rose 16.9% to RM176.9mil against RM151.3mil previously, while earnings per share climbed to 3.33 sen versus 2.70 sen a year prior.

In the first six months to June 30, it posted earnings of RM45mil, up 13.4% from RM39.6mil while revenue rose 15.1% to RM342.2mil from RM297.4mil.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Reaping the Max from streaming
The ringgit recovery
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Singapore playing roulette with casino licensing
Bidding big on Malaysian art
Inflation rises slightly in October
Building a firm facade

Others Also Read