PETALING JAYA: Analysts are optimistic on Pentamaster Corp Bhd
’s long-term growth prospects despite the weak sentiment in the global technology sector and the near-term market volatility.
The automation solutions and services provider’s net profit for the first quarter ended March 31, 2022 (1Q22) rose to RM20.4mil from RM16.07mil a year ago.
Revenue also increased by 26.8% to RM146.02mil, mainly due to contributions from its automated test equipment and factory automation solutions segments.
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