KUALA LUMPUR: Steel pole maker Mestron Holding Bhd's net profit jumped by 183% to RM3.09mil in the third quarter ended Sept 30 from RM1.09mil a year ago as the economy started to open up.
It reported on Thursday the boost in the earnings were due to the general recovery in sales following the business interruptions experienced during the Movement Control Order (MCO) in March and April.
Mestron's revenue increased by 6.2% to RM19.07mil from RM17.95mil a year ago. Earnings per share rose to 0.39 sen from 0.24 sen.
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