Quick take: PMB Tech rises 8%, hit record high - News Summed Up

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Quick take: PMB Tech rises 8%, hit record high


KUALA LUMPUR: PMB Technology Bhd , which has been on an uptrend, climbed over 8% to a record high in early trade Monday. PMB Technology is an investment holding company, which engages in the manufacture and sale of aluminum products. Press Metal Aluminium Holdings Bhd is PMB Technology’s largest shareholder with a 20.87% stake. In the second quarter ended June 30, PMB Technology’s net profit surged to RM11.58mil against RM1.36mil in the same quarter a year ago. In the first six months to June 30, PMB Technology posted a net profit of RM18.2mil on revenue of RM340.07mil.


Source: The Star September 20, 2021 01:52 UTC



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