Press Metal Aluminium's Profit Rises 39% in Q4 2024

MT Newswires Live
02-27

Press Metal Aluminium's (KLSE:PMETAL) profit attributable to equity holders of the parent surged 39% to 445.3 million ringgit in the fourth quarter of 2024 from 321.4 million ringgit a year earlier.

Earnings per share went up to 0.054 ringgit from 0.039 ringgit a year ago, according to a Wednesday Malaysian bourse filing.

Revenue edged up to 3.56 billion ringgit from 3.53 billion ringgit a year ago, the aluminum producer said.

The board approved a fourth interim single-tier dividend of 0.0175 ringgit per share for 2024, which will be paid on March 28.

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