ES Ceramics revenue and profit lifted


The surge in earnings, ES Ceramics said, was “in tandem with the increase in revenue due to high demand of formers”. The prospects for growth in the rubber glove industry are positive, it said in a filing with Bursa Malaysia

PETALING JAYA: ES Ceramics Technology Bhd, a maker of handformers for the rubber glove industry, said earnings in the last quarter jumped on strong demand and higher selling prices.

Net profit for the three-month ended May 31, 2021 soared to RM14.5mil to lift full-year earnings to RM30.2mil. Revenue in the final quarter was RM42.8mil compared with RM8.5mil a year ago.

The surge in earnings, ES Ceramics said, was “in tandem with the increase in revenue due to high demand of formers”. The prospects for growth in the rubber glove industry are positive, it said in a filing with Bursa Malaysia.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

ES Ceramics Bhd , revenue , profit , prices , earnings , Bursa ,

   

Next In Business News

PJD Link seeks public listing on Bursa Malaysia via RTO
Ringgit falls against US$ at close
SCB admitted into PN17 status
FBM KLCI snaps eight-day losing streak, broader market stays negative
TSR to dispose of Port Dickson property for RM23.8mil
EP Manufacturing gets Miti licence to make electric bikes
Oil rebounds 3% as Opec+ weighs biggest output cut since 2020
Malaysia's economy not in crisis, growth trajectory remains positive - BNM governor
NCT inks MoU to explore Microsoft's cloud, data management solutions for NSIP
There is more to the country's economy, not just the ringgit - BNM governor

Others Also Read