PETALING JAYA: Fitters Diversified Bhd registered a 78% year-on-year increase in net profit to RM2.46mil for the first quarter ended March 31, 2019, on the back of a turnaround in its pipe manufacturing and distribution business.
The company said its HYPRO orientated polyvinyl chloride (PVC-O) pipe segment posted a pre-tax profit of RM354,000, as compared to a loss of RM1.7mil in the same quarter last year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!