Luxchem Q1 net profit dips to RM9.59m

Industrial chemicals supplier Luxchem Corporation Bhd's net profit dipped by 0.32% to RM9.59mil from RM9.63mil a year ago.

KUALA LUMPUR: Industrial chemicals supplier Luxchem Corporation Bhd's net profit dipped by 0.32% to RM9.59mil from RM9.63mil a year ago.

It said on Tuesday its revenue rose by 2.9% to RM202.45mil from RM196.65mil.

“Higher export sales mainly contributed by sales to Indonesia through PT Luxchem Indonesia,” it said.

Earnings per share were 1.11 sen compared with 1.14 sen.