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.

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