Luxchem posts higher net profit in 1Q, declares 0.9 sen dividend


KUALA LUMPUR: Luxchem Corp Bhd’s net profit almost doubled to RM20.56 million in the first quarter ended March 31, 2021 (1Q21) from RM9.98 million in the same quarter last year.

In a filing with Bursa Malaysia today, the industrial chemical provider said revenue surged 31 per cent to RM227.87 million during the quarter under review from RM174.48 million previously, mainly attributed to higher sales in the trading segment.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Luxchem Corp , Industrial chemical , COVID-19 ,

Next In Business News

FBM KLCI steady amid Middle East tensions
Ringgit ends higher on de-escalation of war optimism
Ong Chou Wen becomes NCT Alliance CEO
SME Bank’s financing approvals up 19%
Salcon wins RM80mil water contract
Topmix acquires Johor land plots for RM19mil
Maxim Global accepts Islamic facilities for deal
ABM: Banking industry remains resilient, customers to get support
MGB bags RM201mil Penang project
Central Global redesignates its director

Others Also Read