KUALA LUMPUR (Feb 24): Pentamaster Corp Bhd said Thursday its net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) fell 10.95% to RM19.65 million from RM22.07 million a year ago, despite stronger revenue growth. The group’s quarterly revenue grew 11.13% to RM122.49 million from RM110.22 million a year ago, its filing with Bursa Malaysia showed. Earnings per share contracted to 2.76 sen in 4QFY21 versus 3.1 sen a year ago. As for the financial year ended Dec 31, 2021 (FY21), the group’s annual net profit went up 2.52% to RM72.67 million from RM70.89 million a year earlier, as its revenue increased by 21.4% to RM508.39 million from RM418.77 million. The company recommended a final single-tier dividend of two sen for the quarter under review, amounting to approximately RM14.2 million in respect of FY21.

Source: The Edge Markets February 25, 2022 00:14 UTC