Reduced earnings for Luxchem


Industrial chemicals supplier Luxchem Corporation Bhd's net profit dipped by 0.32% to RM9.59mil from RM9.63mil a year ago.

PETALING JAYA: Luxchem Corp Bhd’s earnings fell 29% in the first quarter ended March 31 to RM9.67mil due to lower revenue caused by a decline in the manufacturing segment sales.

The company, which produces industrial chemicals and materials, said the earnings were lower compared with RM13.63mil a year ago.

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Business , Luxcham , manufacturing

   

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