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Title: Quantum Metal Malaysia, wholly owned by QMEI, attains impressive milestone, boasting over RM400 million net profit in the latest fiscal year.

Georgetown, Pulau Pinang, Malaysia, 6th Dec 2023 - Quantum Metal Sdn. Bhd. (1011907U), a leading gold bullion distributor in Malaysia, proudly announces its outstanding financial performance, achieving a net profit of over RM400 million in the last fiscal year. Established on July 30, 2012, with a paid-up capital of RM10,000,000.00, Quantum Metal has emerged as a key player in the industry, providing 99.99% premium gold products to a diverse clientele, including government bodies, banks, financial institutions, merchants, and individual dealers.About Quantum Metal Sdn. Bhd.Quantum Metal Sdn. Bhd., wholly owned by QMEI, has solidified its position as one of Malaysia's largest gold bullion distributors. With a core business focused on delivering premium gold products, the company serves various sectors, including government entities, financial institutions, and individual dealers. The company's commitment to excellence and integrity has established it as a trusted partner in the Malaysian market. Financial Success: Over RM400 Million in Net ProfitIn the last financial year, Quantum Metal Malaysia, wholly owned by QMEI, achieved a remarkable net profit exceeding RM400 million. This accomplishment underscores the company's robust business model and its ability to navigate the complexities of the gold market. Despite economic uncertainties, Quantum Metal has demonstrated resilience and sound financial management, contributing significantly to the prosperity of its stakeholders. Business Model and Market PresenceQuantum Metal's business model plays a crucial role in reducing the risk for local banks. The company facilitates direct transactions between local banks and international bullion suppliers, including the prestigious PERTH MINT. By serving as...

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