Paramount 9M22 results exceeds FY21 results

Paramount Corp group CEO Jeffrey Chew

KUALA LUMPUR: Paramount Corp Bhd’s net profit shot up by 102 times to RM27.2mil in the third quarter ended Sept 30 (3Q22) from a low base of RM267,000 posted in the same quarter last year.

Revenue for the quarter more than doubled to RM231.7mil from the RM84.8mil recorded in 3Q21 while earnings per share rose to 4.37 sen from 0.04 sen last year.