Group managing director Datuk Toh Yew Peng said strong performances by most of the subsidiaries were in line with the higher export growth registered by Malaysia.
KUALA LUMPUR: Steel products and equipment maker, Prestar Resources Bhd
reported a strong set of financial results in the first quarter ended March 31,2021 boosted by firm demand for its steel products.
It announced on Wednesday 1Q net profit jumped to RM18.34mil from RM4.06mil a year ago while revenue increased by 49.6% to RM140.18mil from RM93.70mil. Its earnings per share rose to 9.45 sen from 2.09 sen previously.
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