During the quarter under review, Supermax achieved industry-leading earnings before interest, tax, depreciation and amortisation, pre-tax profit and net profit margins of 60.4%, 55.9% and 43.9%, respectively. (Filepic - Supermax gloves factory.)
PETALING JAYA: Supermax Corp Bhd
posted a 26.5-fold jump in net profit to RM399.62mil for the fourth quarter ended June 30, bringing its full-year net profit to RM525.6mil, which represents a four-fold increase as compared to the previous year.
This marks the glove maker’s best-ever quarterly financial performance, mainly due to an exponential rise in demand for medical gloves and other personal protective equipment on the back of the Covid-19 pandemic.
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