We reported a net profit of RM2.06mil compared with a net loss of RM19.79mil in FY15,” the company’s chairperson Datin Stacey Tan told StarBiz. “In the fourth quarter, we reported a net profit of RM2.4mil from a net loss of RM3.43mil in the same quarter of the previous year. “We have quite a reasonable amount of precious metals that we have not processed yet. This will improve further the refining process of the output of our precious metals. “Our gross profit margin today is about 20%, while net profit margins at current prices are about 8%-10%,” Tan said.

Source: The Star February 26, 2017 23:03 UTC