Ann Joo Resources Bhd achieved a net profit of RM92.4 million for 2Q, compare with same period last year, it improve 952% & declared a special dividend of 6 sen per share.
With the enhancement of the technology, hybrid Blast Furnace - Electric Arc Furnace (BF-EAF) technology, improve its cost structure.
Steel demand is expected, driven by infrastructure projects including MRT2, LRT Line 2, and TRX (Tun Razak Exchange)
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