Pharmaniaga stages turnaround in FY20


Pharmaniaga Bhd’s managing director Datuk Zulkarnain Md Eusope.

KUALA LUMPUR: Pharmaniaga Bhd staged a turnaround in the financial year ended Dec 31,2020 with a net profit of RM27.49mil compared with a net loss of RM149.22mil in FY19 after full recognition of the unamortised pharmacy information system (PhIS).

It announced on Wednesday its revenue was slightly lower at RM2.72bil compared with RM2.82bil a year ago.

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