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.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/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!

Iconic Worldwide , PPE , gloves

   

Next In Business News

CIMB’s succession planning coming into sharp focus
Quebec pension hit with real estate loss as ‘hostile’ market persists
Strong earnings visibility for Matrix Concepts
TRX takes the spotlight
Japan takes Taiwan’s helping hand in chip ops
TM sets sights on even stronger growth this year
Soul-searching for ringgit solutions
Central Europe shoppers still shell-shocked
UMWT to drive green mobility growth
Sarawak’s new energy play gains more attention

Others Also Read