KUALA LUMPUR: Hard disk drive (HDD) manufacturer JCY International Bhd
swung into the black with net profit of RM33.73mil in its first quarter ended Dec 31, 2013, a sharp contrast from a loss of RM23.86mil a year ago, on the back of higher revenue.
It said on Wednesday revenue rose 26.5% to RM476.81mil from RM376.82mil a year ago due to higher average selling prices and better average exchange rate of the US dollar against the ringgit.
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