Bioalpha returns to the black in Q2

For the period under review, the health supplement company posted its best-ever quarterly revenue at RM29.9mil, up more than four-fold from RM6.4mil in Q2’20. (File pic shows Bioalpha's herbal park.)

PETALING JAYA: Bioalpha Holdings Bhd swung back to profitability, with a net profit of RM1.5mil for the second quarter ended June 30, 2021 (Q2’21), compared with a net loss of RM7.9mil in the corresponding quarter last year, on higher revenue.

For the period under review, the health supplement company posted its best-ever quarterly revenue at RM29.9mil, up more than four-fold from RM6.4mil in Q2’20.