Press Metal's 1Q net profit jumps to RM421.02mil


KUALA LUMPUR: Press Metal Aluminium Holdings Bhd, the largest aluminium smelter and a prominent aluminium extruder in Southeast Asia, reported that its net profit for the first quarter ended March 31, 2022 (Q1 2022), jumped to RM421.02 million from RM205.72 million in Q1 2021.

Its revenue for the quarter under review rose 86.6 per cent to RM3.92 billion from RM2.1 billion previously, the company said in a filing with Bursa Malaysia today.

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