Vitrox expects double-digit revenue growth this year


Vitrox president and chief executive officer Chu Jenn Weng.WAN MOHIZAN WAN HUSSEIN / The Star/05.04.2016

GEORGE TOWN: Manufacturer Vitrox Corp Bhd expects to close the financial year ending Dec 31, 2016 with a double-digit percentage growth in revenue and bottom line compared with 2015, which saw the company posting RM44mil in net profit on the back of RM160mil turnover.

Group chief executive officer Chu Jenn Weng (pic) told StarBiz that the company had already shipped out inspection equipment with an estimated value of more than RM150mil.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Asian shares shrug off Venezuela impact and climb; oil volatile
Ringgit opens slightly lower as risk aversion lifts US$
FBM KLCI starts first full trading week of 2026 with early morning rally
Japan's factory activity steadies as demand declines slow, PMI shows
Trading ideas: Chin Hin, Enra, Go Hub, Vetece, Pmesti, Pekat, Press Metal, Suria Capital, Theta Edge
RM4.00 within reach
Auto market switching to slow lane
Retail staples sector to weather 2026 challenges
Axis-REIT Johor industrial property buy a positive
AI bubble concerns seen to weigh on sentiment

Others Also Read