Ni Hsin Resources Bhd, which makes stainless steel kitchenware under the Buffalo brand, expects net profit this year to jump by 10.7% from RM7.5mil last year to RM8.3mil, boosted by a new product to be launched next month.
Managing director Hsiao Chih Jen said the company expected to make between RM15mil and RM20mil sales from a new stainless steel cookware, a product of its in-house research and development team.
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