SCGM managing director Datuk Seri Lee Hock Chai (pic) said the group had seen strong year-round demand for its F&B packaging as it had delivered increasing orders due to higher instances of takeaways and deliveries during the multiple phases of lockdowns in the country.
PETALING JAYA: SCGM Bhd
’s net profit for the fourth quarter ended April 30, 2021, rose 11% year-on-year to RM7.6mil on higher revenue, which rose 32.4% to RM65.7mil.
The food packaging manufacturer attributed the improved performance to a favourable sales mix, together with reduced operating and interest expenses.
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