Good impact: Gains made on Bursa Malaysia yesterday were due to the positive sentiment in Asian markets and the rise in US stock futures after the US and China agreed not to impose more tariffs on each other
PETALING JAYA: KYM Holdings Bhd
has returned to the black with a net profit of RM227,000 for the second quarter ended July 31 compared with a net loss of RM860,000 in the corresponding period last year.
The industrial paper bag manufacturer said it returned to profitability due to an improvement in revenue in the multi-wall industrial paper bag division in the quarter.
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