Press Metal’s profit boosted by higher aluminium prices

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd’s net profit rose 4%, year-on-year, to RM192.56mil in the first quarter ended March 31, 2018, as higher aluminium prices boosted its revenue.

The largest integrated aluminium producer in South-East Asia reported a higher revenue of RM2.12bil for the quarter compared with RM1.93bil recorded a year earlier.