“High raw material prices as well as ongoing social compliance costs continued to exert pressure on profitability which resulted in a profit before tax of RM261,000. Profit after tax for the quarter stood at RM155,000 after the provision on tax for profitable subsidiaries, ” it said.
KUALA LUMPUR: Condom manufacturer Karex Bhd
posted net losses attributable to shareholders of RM167,000 in the first quarter ended Sept 30,2019 compared with RM1.98mil a year ago due to high raw material prices.
It said on Thursday the revenue was up 3.9% to RM95.73mil from the RM92.16mil a year ago. Loss per share was 0.02 sen compared with earnings per share of 0.2 sen.
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