​KPS Posts Moderate Revenue Growth, Steady Profit Amidst Operating Challenges

SHAH ALAM, Malaysia, May 30 (Bernama) — Kumpulan Perangsang Selangor Berhad’s (“KPS” or “the Company” or “the Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) reported a 7% growth in revenue to RM329.2 million for the quarter ended 31 March 2022, as compared with RM308.4 million in the corresponding quarter last year. The operating profit recorded a 37% growth to RM33.3 million from RM24.3 million in the corresponding period last year, following which, the Group Profit After Tax (“PAT”) for the quarter increased 34% to RM16.4 million from RM12.2 million in the corresponding quarter in the previous year. 

HIGHLIGHTS FOR THE QUARTER ENDED 31 MARCH 2022

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