Rubberex 1Q net earnings hit historical high of RM86.6mil


KUALA LUMPUR: Rubberex Corp (M) Bhd's net profit for the first quarter ended March 31,2021, surged over nine times to a historical high of RM86.6mil from RM9.3mil in the previous corresponding quarter on the back of increased revenue.

Revenue for the quarter was RM175.2mil, a 164% increase over RM66.4mil in the same quarter last year.

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