Pentamaster International Limited (HK:1665) has released an update.
Pentamaster International Limited announced a 5.9% decrease in revenue to MYR492.2 million and an 18.1% drop in profit to MYR88.8 million for the nine months ending September 2024, compared to the same period last year. Despite the decline, the company maintains a strong cash position with MYR366.6 million in cash and cash equivalents. Investors will be watching how the company navigates these financial challenges in the coming quarters.
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