KUALA LUMPUR: Pharmaniaga Bhd chalked up a pre-tax profit of RM24.62 million for the second quarter (Q2) ended June 30, 2014, up from RM9.61 million in the same quarter last year.
Revenue rose to RM525.07 million during the period under review from RM437.63 million registered in the preceding corresponding quarter, driven by favourable contributions from both concession and non-concession businesses.
In a filing to Bursa Malaysia, the company said the group's outlook continues to be positive on the back of a moderate global economy and improved prospects of the country's pharmaceutical sector.-- Bernama