Founder and group chairman Tan Sri Teh Hong Piow, said the higher growth in revenue was mainly contributed by Lonpac.
PETALING JAYA: LPI Capital Bhd
has posted a net profit of RM65.74mil in the second quarter ended June 30, 3.4% less than the RM68.06mil recorded in the preceding year’s quarter on the back of a flattish revenue of RM353.05mil.
The group’s second-quarter profit before tax slipped to RM86.9mil from RM89.2mil in the year-ago quarter due to non-recurring gains of RM1.5mil from the sale of equity investment in 2017.
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