Pentamaster keeps optimism as net profit rises

Pentamaster posted a 4.3% year-on-year (y-o-y) growth in net profit to RM21.3mil for its first quarter ended March 31, underpinned by a 13.2% y-o-y jump in revenue to RM165.3mil.

PETALING JAYA: Pentamaster Corp Bhd is hopeful of the continuous strength in the automotive and medical devices segment.

This will be driven by the intensifying trends in automotive electrification and the prevalent application of automation in medical manufacturing activities.