Pentamaster's Profit Slides to MYR20 Million in Q2; Shares Drop 3%

MT Newswires Live08-02

Pentamaster (KLSE:PENTA) said profit attributable to owners dropped to 19.9 million ringgit in the second quarter from 23.7 million ringgit a year earlier.

Earnings per share slid to 0.0280 ringgit from 0.0333 ringgit a year ago, according to a Thursday filing with the Malaysian bourse.

The manufacturer of machinery components' revenue declined to 171.4 million ringgit from 176.9 million ringgit a year prior.

Shares fell about 3% recently.

Price (MYR): $4.75, Change: $-0.15, Percent Change: -3.06%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment