Freight Management posts record Q4 net profit

“We are very pleased with our strong performance throughout FY21, whereby we achieved not only our highest-ever recorded revenue, but our pre-tax profit, net profit and volume handled also hit all-time highs,” FMH’s group managing director Chew Chong Keat (pic) said

PETALING JAYA: Freight Management Holdings Bhd’s (FMH) fourth quarter net profit ended June 30, rose year-on-year (y-o-y) by more than seven times to RM8.58mil from RM1.11mil.

It’s financial year 2021 (FY21)’s financial performance hit a record in terms of its top and bottom lines.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read