Pansar Q3 net profit up by 216%

TheStar Fri, Feb 21, 2020 01:10pm - 4 years View Original


PETALING JAYA: Engineering solutions provider Pansar Bhd posted a net profit of RM2.84mil in the third quarter ended Dec 31, 2020, up 216% from RM900,000 posted in the same period last year.

Its revenue for the quarter rose to RM89.49mil from RM88.61mil in the same corresponding period a year ago.

In the first nine months to Dec 31, net profit jumped 76% increase to RM7.9mil, compared with RM4.5mil posted in the previous corresponding period last year.

It registered a revenue of RM259.21mil for the first nine months, as compared to RM283.17mil for the same period in the last financial year.

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