Pekat's net profit down to RM4.40mil in 1Q

Pekat Group managing director Chin Soo Mau

KUALA LUMPUR: Pekat Group Bhd posted a net profit of RM4.40 million in the first quarter ended March 31, 2022 (Q1 2022) from RM4.54 million in the same period last year.

Revenue increased by RM3.8 million, or 9.2 per cent, to RM45.5 million from RM41.7 million previously, mainly due to higher revenue from the trading segment.