PETALING JAYA: EG Industries Bhd has put in place strategies to increase involvement in upstream activities and improve yields to capture growth.
For the second quarter ended Dec 31, 2023, its net profit surged by 35% year-on-year (y-o-y) to RM12.4mil translating to an earnings per share of 2.67 sen.
Revenue declined by 35% y-o-y to RM242.59mil.