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Press Metal 1Q Profit Rose 13.2% To RM461 Million, Declares Higher Dividend

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Press Metal 1Q Profit Rose 13.2% To RM461 Million, Declares Higher Dividend - Business Today

Quick Summary:

Press Metal Aluminium Holdings Berhad announced its first quarter financial results for the three (3) months ended 31 March 2025 recording revenue rise of 7.8% year-on-year to RM3.90 billion as compared to RM3.62 billion in the similar quarter of the preceding year, driven primarily by higher metal prices during the quarter.

Paul also added that previously elevated alumina prices have started to normalise as additional capacity comes onstream and regional production disruptions ease.

And said the industry may be entering a period marked by more frequent supply shocks and disruptions to the global supply chain, which could potentially reshape global aluminium trade flows.


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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets:

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2025-05-22 @ 09:54:35 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28903542

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