Paramount reports almost 7-fold profit jump in 4Q21

Paramount Corp group CEO Jeffrey Chew

KUALA LUMPUR: Paramount Corp Bhd saw its net profit grow almost 7-fold to RM24.35mil in the fourth quarter ended Dec 31, 2021 (4Q21) from RM3.53mil a year ago.

Its revenue from continuing operations in 4Q21 stood at RM317.3mil, up 68% from RM188.4mil posted a year prior.