KUALA LUMPUR: Test equipment maker Pentamaster Corp Bhd
is ramping up production, amid strong demand from customers in the telecommunication sector after posting a weaker second quarter results.
The company, in a filing with Bursa Malaysia today, said its performance in the three-month ended June 30 was affected by the global supply chain disruption due to the Covid-19 pandemic.
Net profit in the latest quarter declined 13% to RM17mil, as revenue fell 14.6% to RM103mil.
Pentamaster said logistic and travelling restrictions imposed by countries worldwide in the second quarter has led to operation disruptions for the Group that has essentially delayed its projects delivery timeline.
"This has impacted the Group’s financial and operating results given the Group’s business nature and its accounting treatment," it said.
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