Magni-Tech 1Q net profit hits RM45mil


Kuala lumpur: Magni-Tech Industries Bhd reported a higher net profit of RM44.64mil for its first quarter ended July 31, 2024 (1Q25), up from RM32.72mil in the same quarter last year.

Revenue rose by 34% to RM437.59mil, compared with RM324.37mil previously, primarily due to more orders from the garment segment, the company said in a filing with Bursa Malaysia. — Bernama

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