Pelikan posts RM3.62mil net profit in Q1

Its revenue for the quarter rose marginally to RM284.7mil compared with RM282mil a year ago. Earnings per share for the period rose to 66 sen against a loss per share 1.95 sen previously.

PETALING JAYA: Stationery manufacturer Pelikan International Corp Bhd posted a net profit of RM3.62mil in the first quarter ended March 31, compared with a net loss of RM10.7mil in the same period a year ago.

Its revenue for the quarter rose marginally to RM284.7mil compared with RM282mil a year ago. Earnings per share for the period rose to 66 sen against a loss per share 1.95 sen previously.