Stationery manufacturer Pelikan International Corp Bhd posted a net profit of RM3.62mil in the first quarter ended March 31, compared with a net loss of RM10.7mil in the same period a year ago.
Its revenue for the quarter rose marginally to RM284.7mil compared with RM282mil a year ago. Earnings per share for the period rose to 66 sen against a loss per share 1.95 sen previously.
“Overall, the sales development in the first quarter was encouraging in particular the Asian sales, whilst the key German market sales is developing steadily in preparation to the ‘Back to School’ season in the coming quarters.
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Its revenue for the quarter rose marginally to RM284.7mil compared with RM282mil a year ago. Earnings per share for the period rose to 66 sen against a loss per share 1.95 sen previously.
“Overall, the sales development in the first quarter was encouraging in particular the Asian sales, whilst the key German market sales is developing steadily in preparation to the ‘Back to School’ season in the coming quarters.
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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