Daibochi wraps up record RM47.7mil net profit


According to Daibochi executive director Low Jin Wei, (pic) the FPP demand from prominent F&B and FMCG brands of multinational companies and domestic players in South-East Asia and Oceania remained stable even during the market uncertainties posed by the Covid-19 pandemic.

MELAKA: Daibochi Bhd posted its highest-ever net profit of RM47.7mil for the financial year ended July 31,2020 (FY20) on the back of RM619.3mil in revenue.

This is attributed by the regional and domestic demand for flexible plastic packaging (FPP) from the food and beverage (F&B) and fast-moving consumer goods (FMCG) sectors, which remained resilient.

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