Frontken posts improved 1Q earnings of RM17mil


KUALA LUMPUR: Frontken Corp Bhd is cautiously optimistic over its performance in the remaining months of 2020 following improved earnings in the first quarter of its financial year.

The group said in a filing with Bursa Malaysia that net profit in the first quarter ended March 31, 2020, jumped 10.4% to RM17mil from the previous corresponding quarter on the back of growth in its semiconductor businesses.

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