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Press Metal posts lower Q2 net profit of RM305.79m

KUALA LUMPUR, Aug 29 Press Metal Aluminium Holdings Bhd (Press Metal) posted a lower net profit of RM305.79 million in the second quarter ended June 30, 2023 (2Q FY2023) from. ....

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Press Metal's Q3 2022 net profit up 11.5pc to RM315.80m

KUALA LUMPUR, Nov 29 Press Metal Aluminium Holdings Bhd’s net profit for the third quarter ended September 30, 2022 (Q3 FY2022) rose 11.5 per cent to RM315.80 million from. ....

Kuala Lumpur , Paul Koon , Metal Aluminium Holdings Bhd , Press Metal Aluminium Holdings Bhd , Bursa Malaysia , Tan Sri Paul Koon , Net Profit ,

Press Metal net profit up 60.1% to RM409.17mil in 2Q, declares 1.75 sen dividend

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd's net profit for the second quarter of the financial year ended June 30, 2022 (Q2 FY2022) rose 60.1 per cent to RM409.17 million against RM255.58 million in the same quarter last year, bolstered by improved revenue and contribution from associate companies. ....

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Strong aluminium prices and demand lift Press Metal 1Q profit to record high; pays 0.75 sen dividend

KUALA LUMPUR (May 27): Press Metal Aluminium Holdings Bhd’s net profit doubled to a record high of RM205.72 million or 2.55 sen per share in the first quarter ended March 31, 2021 (1QFY21) from RM102.57 million or 1.27 sen per share a year ago, driven by higher aluminium demand and prices. Quarterly revenue expanded 14.8% to RM2.1 billion from RM1.83 billion a year before, the group’s filing with Bursa Malaysia showed. “The performance in this. ....

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Press Metal proposes 1:1 bonus issue


Aluminium Holdings Bhd is proposing to undertake a bonus share issuance of 4.038 billion new shares on the basis of one bonus share for every one existing share held, on a yet-to-be-determined entitlement date.
The company, which is Southeast Asia s largest aluminium smelter, said in a statement the bonus issue is to reward shareholders for their loyalty and continuous support as well as allow them to have greater participation in the group s equity while retaining their precentage of equity interest.
The shares will also become more affordable and appealing to a wider group of investors, which could improve the liquidity and marketability of the shares. ....

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