Pharmaniaga 2Q net profit higher at nearly 10mil

Pharmaniaga's performance was driven by increased demand in the non-concession business.

KUALA LUMPUR: Pharmaniaga Bhd posted net profit of RM9.98mil in the second quarter ended June 30, 2020, which was an increase of 7.5% from the RM9.28mil a year ago following higher revenue from its non-concession business.

It announced on Wednesday its revenue increased by 7.3% to RM645.76mil from RM601.89mil. Earnings per share were 3.82 sen compared with 3.56 sen.