KUALA LUMPUR: Leong Hup International Bhd’s (LHI) net profit fell 27.7% to RM37.99mil in the fourth quarter ended Dec 31, 2021 (4Q21) from RM52.55mil a year ago.
Leong Hup’s net profit slips to RM113m in FY20 23 Feb 2021 / 22:06 H.
KUALA LUMPUR: Leong Hup International Bhd’s net profit for the financial year ended Dec 31, 2020 (FY20) slipped to RM113.15 million from RM150.58 million in the previous financial year.
Revenue decreased marginally to RM6.04 billion from RM6.05 billion previously.
However, on a quarterly basis, Leong Hup International’s net profit almost doubled to RM52.56 million in the fourth quarter of FY20 against RM29.53 million in the same quarter of FY19 while revenue for the quarter rose 4.1 per cent to RM1.61 billion from RM1.54 billion in the same quarter previously.