Asia Poly returns to the black in 3Q


PETALING JAYA: Cast acrylic sheet manufacturer Asia Poly Holdings Bhd has registered a net profit of RM4.08mil for the third quarter ended September 30, 2020, as compared to a net loss of RM2.13mil recorded during the same quarter last year.

The improved net profit performance was mainly attributed to the group’s manufacturing segment, which saw higher average selling price, lower material cost and better factory utilisation rate achieved during the quarter.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asia Poly , cast acrylic sheet

   

Next In Business News

FBM KLCI retraces earlier losses to close flat
Total Dynamic gets bursa's nod to list on LEAP Market
Asian currencies set for weekly fall; stocks firm on US rate cut bets
KL Sentral Station redevelopment project to commence year-end - Loke
Malaysia's March manufacturing sales value grows 1.4% to RM158.4bil
Oil set for weekly gain as demand signs, geopolitics seen as positives
Asia stocks rally on renewed global rate cut optimism
Daiso invests RM1bil in new global distribution centre
IPI up 2.4% in March 2024 but below forecast
Malaysia end-April palm oil stocks rise 1.85%, MPOB says

Others Also Read