PETALING JAYA: The worst could be over for pipe, flange and valve manufacturer Pantech Group Holdings Bhd
and the company is on track for gradual recovery.
Kenanga Research, in a report, said it believes the losses the group had faced in the first quarter should be a non-recurring event.
Pantech recorded a net profit of RM10.7mil in its most recent quarter compared to the net loss of RM5.6mil recorded in its first quarter of financial year 2021.
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