The company posted a net profit of RM41.71mil compared with a net loss of 35.88mil a year earlier.
PETALING JAYA: 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 first quarter ended March 31, 2024 (1Q24), 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.
