The company said the increase in earnings was due mainly to higher revenue generated from the group’s sheet metal fabrication and value-added assembly services segment, which contributed 93.1% of the total revenue.
PETALING JAYA: UWC Bhd
’s net profit jumped 85% to RM18.6mil in the fourth quarter of its financial year ended July 31,2020 (FY20), from RM10mil in the corresponding quarter last year on higher revenue.
The company said the increase in earnings was due mainly to higher revenue generated from the group’s sheet metal fabrication and value-added assembly services segment, which contributed 93.1% of the total revenue.
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