Betamek posts two-fold rise in 3Q net profit

TheStar Thu, Jan 25, 2024 12:00am - 3 months View Original


PETALING JAYA: Betamek Bhd’s net profit surged two-fold to RM5.05mil in the third quarter of its 2024 financial year (3Q24), bringing its basic earnings per share to 1.12 sen.

It reported a revenue of RM59.22mil, as compared to RM54.73mil in 3Q23.

The board of directors declared a second interim single-tier dividend of two sen per share, with the entitlement date of Feb 9, 2024 to be paid on Feb 23, 2024.

For the nine-month period to Dec 31, 2023, its net profit was RM15.51mil as compared to RM10.56mil in the year-ago period, while revenue rose to RM166.01mil from RM149.76mil in the comparative period.

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