Iconic’s 2Q net profit surges to RM3mil


Iconic Worldwide Bhd managing director Datuk Tan Kean Tet

KUALA LUMPUR: Iconic Worldwide Bhd’s net profit surged 416% to RM3.03mil in the second quarter ended Sept 30 against RM587,000 recorded in the preceding year corresponding period.

Its quarterly revenue rose 353% to RM11.67mil from RM2.58mil, mainly due to recognition of revenue from its property development segment coupled with recognition of new revenue source from its manufacturing business segment.

Subscribe to The Star Yearly Premium Plan for 30% off

Cancel anytime. Ad-free. Full access to Web and App.

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.39/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Iconic Worldwide , PPE , gloves

Next In Business News

Recovery beckons in Indonesia’s auto sector�
EM assets regain investor favour
Rapid rise meets reputational risk
Big Apple flavours consume London
Selangor sets a precedent with bumi lot penalty waiver
Corporate revamp to ignite Japan markets
Waldorf Astoria ready to shine again
Chi Forest sips success overseas with diverse beverages
Ensuring longevity via M&As
Healthcare catches the ESG wave

Others Also Read