Freight Management 1Q net profit jumps 78% to RM10.3mil


KUALA LUMPUR: Freight Management Holdings Bhd’s (FMH) net profit jumped 78.8% to RM10.28mil in the first quarter to Sept 30 (1Q22), from RM5.75mil a year ago.

The group registered revenue growth of 44% to RM213.52mil against RM148.68mil a year prior due to higher freight rates and business activities in the current quarter.

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