PETALING JAYA: FM Global Logistics Holdings Bhd
(formerly Freight Management Holdings Bhd) reported a 46% year-on-year (y-o-y) jump in both its revenue and net profit for the fourth quarter ended June 30, 2022 (4Q22) on the back of higher freight rates and business activities.
Revenue rose to RM333.8mil in 4Q22 from RM228.3mil in 4Q21 while earnings climbed to RM12.6mil or earnings per share (EPS) of 2.25 sen from RM8.6mil or EPS of 1.54 sen in 4Q21.
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