Daibochi posts net profit of RM10.83mil in Q3

“Daibochi’s resilient performance was buoyed largely by sustained orders for flexible packaging from the F&B and fast-moving consumer goods sectors despite the various lockdown measures implemented across the region, ” said Daibochi executive director Low Jin Wei in a statement.

PETALING JAYA: Flexible packaging manufacturer Daibochi Bhd has recorded a net profit of RM10.83mil on the back of RM151.98mil in revenue for its third quarter ended April 30. There were no comparable figures as the company had changed its financial year-end.

The company is in the midst of changing its financial year-end from Dec 31 to July 31 to coincide with the financial year-end of its holding company, Scientex Bhd.