Trading segment gives Luxchem a lift

Improvements in its financial performance were due to its trading segment, Luxchem said.

PETALING JAYA: Luxchem Corp Bhd more than doubled its year-on-year net profit for the second quarter ended June 30 to RM16.57mil from RM7.57mil a year ago.

Revenue was higher by 54% year-on-year to RM215.61mil in the latest quarter.