Magni-Tech posts RM21.8mil net profit in 2Q, declares 2.2 sen dividend

KUALA LUMPUR: Magni-Tech Industries Bhd, which posted a lower net profit of RM21.8mil in the second quarter ended Oct 31 (2Q), is cautiously optimistic about its business outlook.

“The group remains cautiously optimistic over the business outlook for the remaining quarters of the current financial year ending April 30, 2024 (FY24),” the garment manufacturer said in a filing with Bursa Malaysia.

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