Vitrox Q3 earnings surge


The electronics company also registered a record quarterly revenue of RM123.75mil in Q3, up 86.06% from RM66.51mil previously.

PETALING JAYA: Vitrox Corp Bhd posted a 114.45% increase in net profit to RM29.71mil for its third quarter ended Sept 30 (Q3) from RM13.86mil in the same period last year due to strong sales volume and optimisation of production capacity.

The electronics company also registered a record quarterly revenue of RM123.75mil in Q3, up 86.06% from RM66.51mil previously.

For the cumulative nine-month period, Vitrox saw its net profit advancing to RM73.70mil from RM61.86mil previously, while revenue improved to RM310.59mil from RM244.50mil previously. — Bernama

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