MSM Malaysia registers 1Q net profit of RM41.71mil on improved margins


KUALA LUMPUR: MSM Malaysia Holdings Bhd remained profitable for a second consecutive quarter on the back of improved margins, which offset an increase in production cost.

In the quarter ended March 31, 2024, the producer of Gula Prai refined sugar posted a net profit of RM41.71mil, which compared to a net loss of 35.88mil in the year-ago quarter.

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MSM Malaysia , Gula Prai , sugar , NY11

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