KUALA LUMPUR: Steel products and equipment maker, Prestar Resources Bhd reported a strong set of financial results in the first quarter ended March 31,2021 boosted by firm demand for its steel products.
It announced on Wednesday 1Q net profit jumped to RM18.34mil from RM4.06mil a year ago while revenue increased by 49.6% to RM140.18mil from RM93.70mil. Its earnings per share rose to 9.45 sen from 2.09 sen previously.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!