Unisem Holdings Bhd achieved a pre-tax profit of RM58.718 million on the back of a turnover of RM424.445 million for the first quarter ended 31th March 2022 from a pre-tax profit of RM52.772 million on the back of a turnover of RM373.928 million.
In a Bursa filing, it said that The Group recorded revenue and net profit from continuing operations of RM424.445 million and RM51.180 million for the current quarter ended 31 March 2022, these represent an increase of 13.5% and 11.8%, respectively, compared to revenue and net profit of RM373.938 million and RM45.793 million recorded in the corresponding quarter ended 31 March 2021.
It said that the improvement in revenue and net profit was mainly attributable to higher sales volume as well as an improvement in average selling prices.
The Directors expect the performance of the Group to be satisfactory and the demand for the products and services of the Group to remain strong for the next financial quarter.
