Pantech to remain vigilant as profit drops


The company's revenue fell to RM193mil against the RM230mil posted a year ago.

KUALA LUMPUR: Pantech Group Holdings Bhd will remain vigilant of ongoing macroeconomic challenges, including currency volatility, geopolitical tensions, trade policy risks and supply chain disruptions.

In the fourth quarter ended Feb 28, Pantech’s net profit halved to RM14.2mil, or an earnings per share of 1.71 sen compared with RM29mil or 3.50 sen in the year-ago quarter.

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