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Consumer sector in good shape, despite challenges

Power Root posts sevenfold rise in 1Q net profit, pays three sen dividend

Power Root Bhd’s net profit jumped by more than seven times to RM15.26 million in the first quarter ended June 30, 2022 (1QFY23) from RM2 million a year ago, lifted by favourable product sales mix. Earnings per share rose to 3.7 sen from 0.5 sen. The better profit was also lifted by a gain on foreign exchange of RM744,000 compared with RM214,000 previously, said the beverage maker in a filing with Bursa Malaysia.

KLCI remains negative at midday as investors hold back

Short-selling in Power Root shares suspended after falling 15 98% to low of RM1 42

KUALA LUMPUR: Short-selling of shares in Power Root Bhd has been suspended by Bursa Securities after its share price plunged as much as 27 sen or 15.98% to RM1.42 a share in intra-morning trade.

Beauty drink combines Malay herb, Korean fruit | Borneo Bulletin Online

Beauty drink combines Malay herb, Korean fruit | Borneo Bulletin Online
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