Lii Hen Industries said the stronger greenback contributed to a net foreign currency gain of RM2.66mil, which improved its profit before tax by 12.6%
PETALING JAYA: Lii Hen Industries Bhd
’s net profit rose 15% to RM19.83mil in the first quarter ended March 31 from RM17.24mil a year ago due to the appreciation of the US dollar against the ringgit.
In a filing with Bursa Malaysia, the group said the stronger greenback contributed to a net foreign currency gain of RM2.66mil, which improved its profit before tax by 12.6%.
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