Pentamaster confident of 2H23 growth

PETALING JAYA: Pentamaster Corp Bhd remains forward-looking with optimism in sustaining a steady momentum of growth in the second half of 2023 (2H23) with its encouraging order book strength.

In the second quarter ended June 30, Pentamaster’s net profit rose 23.2% to RM23.6mil from RM19.2mil in the same period last year. Revenue rose 16.9% to RM176.9mil against RM151.3mil previously, while earnings per share climbed to 3.33 sen versus 2.70 sen a year prior.

In the first six months to June 30, it posted earnings of RM45mil, up 13.4% from RM39.6mil while revenue rose 15.1% to RM342.2mil from RM297.4mil.