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MPI Press Release Q1 FY21

Highlights

  • Q1 FY21 recorded strong quarterly revenue of USD 104.4 million – growth by 18% YoY compared to Q1 FY20, and by 11% QoQ compared to Q4 FY20
  • Continuing from a superlative 112% PAT growth in Q4 FY20 over Q3 FY20, PAT in Q1 FY21 improved significantly to MYR 65.8 million – growth by a
    phenomenal 52% YoY compared to Q1 FY20, and by 18% QoQ compared to Q4 FY20
  • Q1 FY21 witnessed further strengthening of cash position with net cash of MYR 943.1 million – growth by a substantial 14% compared to previous quarter
    – even with a CAPEX of MYR 81.5 million during Q1 FY21

To view the full articles click the link below:

https://mpind.my/wp-content/uploads/2021/01/MPI-Press-Release-Q1-FY21.pdf