MPI Q1 net profit jumps to RM82mil


For the quarter, the semiconductor manufacturer said revenue rose to RM584.5mil, a 32.67% increase over the same quarter in 2020 due to the improved performance across all segments and effective cost management.

KUALA LUMPUR: Malaysian Pacific Industries (MPI) Bhd posted a net profit of RM81.68mil in the first quarter of its financial year ending Dec 31, 2021 – a 47.69% jump over the RM55.31mil recorded in the previous corresponding quarter.

Earning per share rose to 41.17 sen compared with 28.05 sen in the comparative quarter.

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