Friday 29 Mar 2024
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KUALA LUMPUR (Nov 23): Lysaght Galvanised Steel Bhd surged as much as 33 sen or 9% to RM3.83 after the company said third quarter net profit rose to RM6.53 million from RM3.01 million a year earlier.

Yesterday, Lysaght said revenue increased to RM26.83 million in the third quarter ended Sept 30, 2017 (3QFY17) from RM13.69 million. The company said 9MFY17 net profit increased to RM15.2 million from RM10.24 million a year earlier.

At 2:41pm today, the counter was trading at RM3.78, becoming the fifth-largest gainer on Bursa Malaysia. The stock saw 107,100 shares changing hands.

 

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