PETALING JAYA: Yenher Holdings Bhd, which manufactures and distributes animal health and nutrition products, posted a net profit of RM4.94mil for the first quarter ended March 31, 2021, on the back of RM58.79mil in revenue.

       In a filing with Bursa Malaysia yesterday, the group said about 54% of its revenue was contributed by the distribution business, while the remaining 46% was from manufacturing.

       Yenher is en route for a listing on the Main Market of Bursa Malaysia on July 15. The IPO exercise will raise RM61.21mil, of which RM31mil will be used to build a new good manufacturing practices-compliant plant.