Nylex (M) Bhd has returned to the black with a pre-tax profit of RM26.1mil for the year ended May 31, 2003, compared with a pre-tax loss of RM53.3mil last year. Turnover grew to RM386.3mil from RM365.9mil previously.
“The prospects for the next financial year will depend on the ability of the group’s core businesses, the polymer and engineering divisions, to continue to capitalise on their leading market positions in the respective sectors they serve,'' the company said.
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