Notion VTec posts turnaround in 4Q, upbeat on outlook

Notion VTec parts for hard disk drive.

KUALA LUMPUR: Notion VTEC Bhd staged a turnaround in the fourth quarter ended Sept 30 with net profit of RM6.74mil from a loss in the third quarter, boosted by its foray into the personal protective equipment (PPE) business.

It reported on Wednesday its revenue was RM69.6mil (Q3: RM40.1mil) and profit after tax of RM6.7mil (loss RM10.9mil) and earnings per share of 1.31 sen (loss per share 2.15 sen).