MSM International Returns to Net Profit in Fiscal H2

MT Newswires
30 May

MSM International (SGX:5QR) booked a net profit of 10.6 million ringgit during the half year ended March 31, against a net loss of 1.6 million ringgit a year earlier, according to a Thursday filing with the Singapore Exchange.

Earnings per share came in at 0.1008 compared with a loss per share of 0.0162 in the comparable period.

Revenue declined 7.9% year over year to 42.7 million ringgit from 46.4 million ringgit, due to a decrease in revenue from the F&B segment.

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