Press Metal profit rises three-fold


Koon has said the company would continue to expand its production volume as well as move into more value-added products.

PETALING JAYA: Press Metal Bhd posted a three-fold increase in net profit to RM60mil, or 11.57 sen per share, for its second quarter ended June 30, from RM20mil, or 3.95 sen per share, a year earlier.

It declared a dividend of five sen per share for the quarter, bringing the total dividend for the current financial year so far to 10 sen per share.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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