Leon Fuat posts lower profit of RM23.9mil in 1Q


Leon Fuat executive director Calvin Ooi Shang How

KUALA LUMPUR: Steel products manufacturer, Leon Fuat Bhd posted a lower net profit of RM23.9mil in the first quarter ended March 31, from RM36.12mil a year prior.

Its revenue for the quarter rose by 29.1% increase in revenue to RM273.02mil compared with RM211.48mil recorded in the same quarter last year.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

StanChart: Growth expected to be at 4.5% this year
Heineken to strengthen growth fundamentals�
Dutch Lady posts record quarterly sales
Promising growth prospects for SunCon
SpaceX IPO adds second Musk stock, Tesla has a problem
MNRB to buy balance 80% of Labuan Re for RM400mil�
Strong 1Q for EPF
Pharmaniaga bets big on insulin growth
Kerjaya Prospek wins RM174mil Negri contract
Pos Malaysia confronts digital age challenges amid reduced volumes

Others Also Read