Comfort Gloves Bhd’s net profit surged to RM7.16mil in the third quarter ended Oct 31 from RM672,000 previously mainly resulting from a successful expansion plan that was carried out throughout this year.
The company’s revenue for the quarter rose to RM61.27mil from 38.39mil in the same period a year ago.
“The new expansion plan will significantly improve profits as the group does not anticipate any further increases in existing operating fixed costs except for depreciation and maintenance expenses associated to the manufacturing facility.
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The company’s revenue for the quarter rose to RM61.27mil from 38.39mil in the same period a year ago.
“The new expansion plan will significantly improve profits as the group does not anticipate any further increases in existing operating fixed costs except for depreciation and maintenance expenses associated to the manufacturing facility.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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