Pharmaniaga Bhd can continue to grow its profits by about 20% this year if it carries on with its modernisation and mechanisation efforts to improve its efficiency, managing director Azhar Hussain said yesterday.
The company, which is 31% owned by United Engineers (M) Bhd, has managed to register double-digit profit growth on an annual basis, with its net profit last year amounting to RM37.3mil.
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