SAM’s profit jumps 87% in Q1, sees steady growth ahead


Temporary anti-dumping measures on ethanolamine products produced in the Malaysia, Saudi Arabia, Thailand and the United States is also being introduced.

PETALING JAYA: Sam Engineering & Equipment (M) Bhd said net profit the first quarter ended June 30 jumped on improved margins, boosted by favourable product mix and currency gain.

Three months earnings rose 87% to RM17.6mil compared with RM9.3mil made a year ago, the company said in a filing with Bursa Malaysia on Wednesday.

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