OSK Holdings posts higher Q2 earnings of RM103.6m | Malay Mail

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KUALA LUMPUR, Aug 27 — OSK Holdings Bhd posted a net profit of RM103.61 million in the second quarter (Q2) ended June 30, 2021, up by 73 per cent from RM59.83 million in the same period last year. Revenue increased to RM267.21 million against the RM174.57 million previously, with the key...

KUALA LUMPUR, Aug 27 — OSK Holdings Bhd posted a net profit of RM103.61 million in the second quarter ended June 30, 2021, up by 73 per cent from RM59.83 million in the same period last year.

“The segment registered revenue of RM173.5 million and a pre-tax profit of RM42.5 million in Q2 this year, equivalent to a significant year-on-year increase of 78 per cent and 58 per cent, respectively. Barring unforeseen or prolonged disruptions to economic recovery, the board expects the group to perform satisfactorily in the coming quarters of this financial year, supported by prudent business strategies and financial discipline.

 

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