Leon Fuat optimistic on long-term prospects

TheStar Tue, May 28, 2024 08:29pm - 2 years View Original


Leon Fuat Bhd executive director Calvin Ooi Shang How

KUALA LUMPUR: Leon Fuat Bhd is optimistic about its long-term prospects and remains dedicated to sustainable and strategic business practices, according to executive director Calvin Ooi Shang How.

“As we continue to navigate the market dynamics, our focus remains on enhancing shareholder value and expanding our market footprint through strategic initiatives and capabilities. We are optimistic about our long-term prospects and remain dedicated to sustainable and strategic business practices,” he said in a statement.

Leon Fuat’s net profit fell 23.4% to RM8.2mil in the first quarter ended March 31 compared with RM10.7mil posted last year.

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