KUALA LUMPUR: Pentamaster Corp Bhd, an automated test equipment maker, reported a lower sales and profits the third quarter ended Sept 30, as the global travel restrictions to contain the spread of the Covid-19 pandemic delays in product shipments and site installation.
"With cross border business travelling allowed on a rigid, limited and conditional basis by the government, such approach has not provided the Group with the optimal shipment and installation work progress required for revenue recognition," Pentamaster said in a filing with Bursa Malaysia today.