Binastra 4Q net profit rises to RM15.4mil

PETALING JAYA: Binastra Corp Bhd (formerly Comintel Corp Bhd ) will continue to monitor the business environment that it operates in vigilantly, to ensure prudent financial management and efficient operating procedures in order to achieve sustainable growth, moving forward.

In a filing with Bursa Malaysia, the company said its net profit for the fourth quarter ended Jan 31, 2024 rose to RM15.38mil from RM5.57mil in the previous corresponding period, while revenue improved to RM155.37mil from RM73.78mil a year earlier.

Basic earnings per share stood at 3.40 sen versus 1.85 sen previously.