Press Metal sees profit decline on slump in prices


KUALA LUMPUR: Press Metal Bhd, South-East Asia’s largest aluminum producer, says it expects profit to decline this year as industrial metal prices slump.

Profit at the Malaysian producer of aluminum ingots and billets won’t match its 2014 record performance of RM212.7mil, group chief executive officer Paul Koon Poh Keong said in an interview.

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