Leon Fuat Berhad Posts 35.8% Increase in Q2 Revenue to RM250.93 Million
Group to increase monitoring of steel prices and currencies given volatility of commodity markets and weaker ringgit SHAH ALAM, Malaysia, Aug 29, 2022 - (ACN Newswire) - Leon Fuat Berhad, a manufacturer and trader of steel products specialising in rolled long and flat steel, today reported a 35.8% increase in revenue to RM250.93 million for the second quarter ended 30 June 2022 (Q2FY2022) compared with RM184.78 million recorded in the corresponding quarter of the preceding financial year (Q2FY2021). The Group recorded profit before tax (PBT) of RM18.04 million for Q2FY2022, a 57.6% decrease fr...