Econframe Q3 earnings and sales rise

For the nine months under review, both net profit and revenue rose 20% to RM5.06mil and RM36mil respectively, mainly due to higher revenue from the manufacturing segment of RM4.77mil driven by higher sales orders of metal door frames and fire resistant door sets

PETALING JAYA: Total door system solution provider Econframe Bhd saw its net profit spike to RM1.74mil (from only RM131,000 a year earlier) while revenue jumped 163% year-on-year to RM12.57mil for its third quarter ended May 31, 2021.

For the nine months under review, both net profit and revenue rose 20% to RM5.06mil and RM36mil respectively, mainly due to higher revenue from the manufacturing segment of RM4.77mil driven by higher sales orders of metal door frames and fire resistant door sets.