PETALING JAYA: UMW Holdings Bhd
’s net profit for its first quarter ended March 31 rose 17% to RM86.50mil from RM74.08mil in the previous corresponding period, driven by the better performance of its automotive and manufacturing and engineering (M&E) segments.
Revenue in the quarter grew to RM2.77bil from RM2.42bil a year earlier, the company said in a filing with Bursa Malaysia yesterday.
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