Good times ahead for Dancomech, shares soar 50%


Steady results: Daniel Aik and Johnson Aik (left) with the valves made by the company. For its second quarter to June 30, 2016, Dancomech recorded net profit of RM4.38mil on the back of RM18.19mil in revenue.

PETALING JAYA: Dancomech Holdings Bhd, the manufacturer of various kinds of valves, displayed its resilience amid the slowing economy.

The company, which was listed five weeks ago announced a steady set of results for the second quarter ended June 30, 2016 on Friday.

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Business , Danco , valves , Johor , shares , stocks , soar , price , Dancomech , Aik ,

   

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