Automotive unit set to drive Pentamaster

PETALING JAYA: Pentamaster Corp Bhd’s automotive segment is expected to drive the performance and growth of the group organically in the mid to immediate term.

In a filing with Bursa Malaysia yesterday, the company said this will be underpinned by the rapid growth and intensifying trends in automotive electrification.

In the third quarter ended Sept 30, 2022, Pentamaster’s net profit expanded 6% to RM20.1mil.

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