Press Metal Q2 net profit soars on strong global demand for billets


KUALA LUMPUR: Press Metal Aluminium Holdings Bhd's net profit soared to RM255.6mil in the second quarter ended June 30, as higher selling prices boosted its margin.

"Global demand for aluminium, especially billets, increased substantially during the first half of the year compared to the same period of the preceding year," the metal producer said in a filing with Bursa Malaysia today.

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Press Metal , industrial , aluminium

   

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