MALAYSIAN OXYGEN BHD (MOX) posted a net profit of RM26.57mil for the 2nd quarter ended March 31, up 28% from the same period last year. Group turnover for the quarter rose to RM135.94mil from RM117.16mil.
The improved result was largely due to synergistic benefits in manufacturing, marketing, sales and distribution that were realised from smooth consolidation of Nippon Industrial Oxygen Incorporated Bhd’s business into MOX following the takeover last year, said MOX managing director David Fuller. – Bernama
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