KUALA LUMPUR, Aug 30 (Bernama) — Investment holding company Kumpulan Perangsang Selangor Berhad (“Perangsang Selangor” or “the Company” or “the Group”, Bursa: 5843; Bloomberg: KUPS MK; Reuters: KPSB.KL), having unlocked further values from the core businesses in the manufacturing, trading and licensing sectors, posted an 86% increase in operating profit to RM13.4 million for the quarter ended 30 June 2019, as compared to RM7.2 million in the corresponding quarter last year.
With lower finance costs as compared to that in the previous quarter, Perangsang Selangor registered a marked increase in PAT, which almost doubled to RM4.7 million for the quarter ended 30 June 2019.