Central Global returns to the black in 1Q

Central Global Bhd group managing director Chew Hian Tat.

KUALA LUMPUR: Central Global Bhd (CGB) has returned to the black with a net profit of RM1.89mil in the first quarter ended March 31, against a net loss of RM1.03mil a year go.

The construction and masking tape manufacturer’s revenue for the quarter rose 25.25% to RM47.04mil from RM37.6mil a year earlier.