MSM MALAYSIA MAKES BIG TURNAROUND TO CHALK UP RM41.7 MLN 1Q 2024 NET PROFIT

KUALA LUMPUR, May 23 (Bernama) — MSM Malaysia Holdings Bhd’s net profit for the first quarter ended March 31, 2024 (1Q 2024) made a big turnaround to RM41.71 million from a net loss of RM35.88 million in the same quarter a year ago.

Revenue increased 54 per cent to RM906.61 million from RM588.39 million previously.

The producer of the leading national refined sugar brand…