“We have witnessed improving ASPs since 3Q2020 and we are optimistic that prices will remain favourable, supported by economic recovery prospects and global vaccination roll-outs, ” its CEO Ng Thin Poh said
PETALING JAYA: Chemical supplier Samchem Holdings Bhd
delivered another record revenue and earnings in the first quarter, as rising average selling prices (ASPs) boosted its margins.
Revenue in the three-month period ended March 31 jumped 28% to RM330mil from a year ago, while net profit surged 338% to RM18.95mil.The company has declared an interim dividend payout of one sen a share.
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