Author: britneyhailes8

Leon Fuat Berhad Records Stellar Quarter due to Rising Global Demand, Profit Up 3,297%

Leon Fuat Berhad (“Leon Fuat”), a manufacturer and trader of steel products, specialising in rolled long and flat products, today announced that the Group recorded a 3,297.0% rise in profit after tax (“PAT”) to RM36.11 million for the quarter ended 31 March 2021 (“1Q 2021”) compared to the RM1.06 million registered in the same quarter of the previous financial year. Calvin Ooi Shang How, Executive Director of Leon Fuat Improved Revenue and Profit Margins The gross profit recorded a 296.0% increase to RM53.34 million for 1Q2021 compared to the RM13.47 million in gross profit for the corresponding quarter of the ... Read more