Frontken 3Q net profit rises to RM21.34mil


KUALA LUMPUR: Frontken Corp Bhd recorded a net profit of RM21.34mil in the third quarter ended Sept 30,2020, which was 12.03% higher than RM19.05mil in the previous corresponding quarter as revenue grew on improved contribution from its subsidiaries.

The group said revenue increased 8.9% to RM94.79mil in the quarter under review versus RM87.05mil in the previous comparative quarter on the back of higher revenue and profit margin at its subsidiaries in Taiwan and the Philippines.

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Frontken , semiconductor , oil and gas

   

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