MOX posts 46% rise in net profit


INDUSTRIAL gas solutions provider Malaysian Oxygen Bhd (MOX) posted a 46% year-on-year increase in net profit to RM30.2mil for the third quarter ending June 30 on the back of a 27% rise in revenue to RM146.6mil.  

On a quarter-to-quarter basis, net profit was 14% higher than the RM26.57mil recorded in the preceding quarter, and revenue 8% higher than the RM135.94mil before.  

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