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04 Mar
03:21

Leform returns to the black in fourth quarter

Malaysian steel products maker Leform has returned to the black in the fourth quarter of 2023, due to better margins, lower administrative expenses, and higher other income, Kallanish notes. The firm says in a bourse filing that it posted a net profit of MYR 3.74 million ($790,000) in the fourth quarter, as compared to a net loss of MYR 15.67m a year ago. The firm’s revenue for the quarter also rose 24.86% to MYR 108.53m from MYR 86.92m, contributed by high…
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