leonfuatberhad
Group cautious on 2023 outlook and will take necessary measures to enhance productivity and efficiency SHAH ALAM, Malaysia, Feb 28, 2023 - (ACN Newswire) - LEON FUAT BERHAD, a manufacturer and trader of steel products specialising in rolled long and flat steel, today announced that the Group reported a 15.6% increase in revenue to RM1.03 billion for the financial year ended 31 December 2022 (FY2022) compared with RM886.58 million recorded for the preceding financial year (FY2021). For the financial year under review, the Group reported a profit before tax (PBT) of RM36.92 million, a 78.6% decr...
ACN Newswire
Group to increase monitoring of steel prices and currencies given volatility of commodity markets and weaker ringgit SHAH ALAM, Malaysia, Aug 29, 2022 - (ACN Newswire) - Leon Fuat Berhad, a manufacturer and trader of steel products specialising in rolled long and flat steel, today reported a 35.8% increase in revenue to RM250.93 million for the second quarter ended 30 June 2022 (Q2FY2022) compared with RM184.78 million recorded in the corresponding quarter of the preceding financial year (Q2FY2021). The Group recorded profit before tax (PBT) of RM18.04 million for Q2FY2022, a 57.6% decrease fr...
ACN Newswire
Shareholders also approved a final single-tier dividend of 2.0 sen per share for FY2021 SHAH ALAM, Malaysia, June 28, 2022 - (ACN Newswire) - Leon Fuat Berhad, a manufacturer and trader of steel products, specialising in rolled long and flat steel products, is pleased to announce that shareholders have passed all resolutions at the Group's 15th AGM held today. Shareholders passed a resolution approving a final single tier dividend of 2.0 sen per share for the financial year ended 31 December 2021 (FY2021). Shareholders also voted to re-elect Dato' Sri Ooi Bin Keong, Mr. Tan Did Heng, Mr. Tan S...
ACN Newswire
Group's financial performance is supported by higher average selling prices for both trading and processing of steel SHAH ALAM, Malaysia, May 30, 2022 - (ACN Newswire) - Leon Fuat Berhad, a manufacturer and trader of steel products, specialising in rolled long and flat steel products today released the Group's financial results for the first quarter ended 31 March 2022 (Q1FY2022) registering a 29.1% increase in revenue to RM273.02 million compared with RM211.48 million recorded in the corresponding quarter of the preceding financial year (Q1FY2021). For the quarter under review, profit before ...
ACN Newswire
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