Managing director Darmendran Kunaretnam (pic) sees “significant room for improvement” for the group’s margins, going forward.
CANNED food and beverage manufacturer Rex Industry Bhd
’s three-year turnaround plan was completed recently and this has brought the group back into profitability, including at the operating profit level.
Had it not been for the Covid-19 pandemic, Rex’s profits for the financial year ended June 30, 2021 (FY21) would have been higher, according to the group.
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