KUALA LUMPUR: Leon Fuat Bhd
said it is hopeful over the final quarter of FY24 as external challenges such as steel price volatility and currency fluctuations persist.
"We will continue to leverage our operational strengths and strategic initiatives to maintain profitability and create long-term value for our stakeholders," said executive director Calvin Ooi Shang How in a statement.
In the third quarter ended Sept 30, 2024, the steel products manufacturer posted net profit of RM162,000 compared to RM5.34mil in the year-ago quarter, for an earnings per share of 0.05 sen against 1.57 sen previously.
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