KUALA LUMPUR: Leon Fuat Bhd
, a manufacturer and trader of steel products, said earnings surged in the second quarter boosted by higher selling prices.
Net profit for the three-month ended June 30 was RM32mil compared with RM2.7mil a year ago.
Revenue shot up 73% to RM185mil.
“We are pleased with the positive result, and we remain optimistic for the rest of the year although there are uncertainties affecting this outlook.” executive director Calvin Ooi Shang How said in a statement today.
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