The stock, which has been steadily rising since early last month, hit a high of RM5.22 last Thursday. Two days before that, the company announced a three-fold increase in net profit to RM12.14mil for the quarter ended June 30 as compared with the same period last year. (Perusahaan Sadur Timah Msia (PERSTIMA) Bhd executive director Ab Patah Mohd, chairman Datuk Wee Hoe Soon @ Gooi Hoe Soon and managing director Koichi Sawada speaks to the press after the company's 37th AGM on Tuesday. July 28)
PETALING JAYA: Perusahaan Sadur Timah Malaysia Bhd
(Perstima), the market leader in the Malaysian tinplate market, is seeing renewed investor interest on prospects of an earnings recovery.
This is following a margin rebound in its first quarter of financial year 2019 (FY19).
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