ATA IMS 2Q net profit jumps nearly 70% to RM52.3m


KUALA LUMPUR: ATA IMS Bhd saw its net profit climb by 68.4% to RM52.29mil in the second quarter ended Sept 30,2020 from RM31.04mil on higher sales of its precision plastic injection moulded parts to the electronics manufacturing industry.

It announced to Bursa Malaysia on Wednesday its profit before tax increased by 66.5% to RM67.70mil. Its revenue rose by 43.5% to RM1.33bil from RM931.85mil. Earnings per share were 4.35 sen compared with 2.58 sen.

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