Samchem posts RM19.6mil net profit in 1Q


  • Business
  • Wednesday, 27 Apr 2022

KUALA LUMPUR: Samchem Holdings Bhd’s net profit rose to RM19.59mil in the first quarter ended March 31, 2022 (1Q22) from RM18.95mil in the previous corresponding period.

Its revenue for the quarter grew 10.2% to RM364.51mil from RM330.70mil a year ago, due to an increase in average selling price during the quarter.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Japan's Nikkei ends lower as investors brace for Fed policy decision
AirAsia can withstand unfavourable currency movements, rising oil prices
Musk disbands Tesla EV charging team, leaving customers in the dark
Gold hits near four-week low as traders ready for Fed verdict
Microsoft to open first regional data centre in Thailand
South Korea exports rise for seventh month on growing chip demand
Semiconductor plan timely for Malaysia to secure position at global supply chain’s forefront
McDonald's posts rare profit miss as customers turn picky
Oil falls for a third day as U.S. crude inventories swell
China's economic outlook is far from gloomy

Others Also Read