Petaling Jaya – The World Halal Business Conference 2021 (WHBC 2021) held today, facilitating discussions on the ever-growing need for the industry to reflect on its existing strengths; and to build new capabilities to create new engines of growth within the industry. WHBC 2021 highlights the various initiatives and contributions of the halal industry in expediting global economic recovery. 

Malaysia has been in the forefront in the growth of the halal industry in both economic activities and social awareness. With a comprehensive halal ecosystem in place, Malaysia has become the reference for best practices in the development of halal standards, and business processes through nurturing growth and participation of local businesses in the global halal market. 

SHAH ALAM, 10 SEPTEMBER 2021 – LEON FUAT BERHAD (“Leon Fuat” or the “Group”), a manufacturer and trader of steel products, specialising in rolled long and flat products, today announced that the Group registered a 1,110.1% growth in profit after tax (“PAT”) to RM32.12 million for the quarter ended 30 June 2021 (“2Q 2021”) compared with the RM2.65 million recorded for the quarter ended 30 June 2020 (“2Q 2020”).

The strong gain in PAT was due to the 322.5% increase in gross profit (“GP”) to RM53.46 million in 2Q 2021 boosted by higher overall gross profit margin of 17.0 percentage points compared with the RM12.65 million in GP recorded for 2Q 2020.

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