Daibochi sees better performance in second half


KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd, which yesterday reported a 14% dip in first half-year net profit, expects a better performance in the second half as it banks on its newly-operational first overseas plant in Yangon, Myanmar.

The flexible packaging manufacturer said in a statement that the consumer packaging plant operated by 60%-owned Daibochi Packaging (Myanmar) Co Ltd (DPM) began operations on July 1.

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