Vitrox earnings surge on higher revenue


KUALA LUMPUR: Vitrox Corp Bhd’s net profit for the third quarter ended Sept 30 surged 42% to RM42.21mil from RM29.71mil a year ago, driven by higher revenue.

In a filing with Bursa Malaysia, the group said revenue for the quarter rose 36% to RM168.29mil compared with RM123.75mil a year ago.

Vitrox said the higher revenue was driven by an increase in sales of both its machine vision system and automated board inspection products.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

CPO futures likely to trade lower next week
China's industrial profits growth accelerates in Oct
New COVID variant Omicron triggers global alarm, market sell-off
Top US diplomat for Asia to visit Malaysia and three other ASEAN countries
Oil settles down US$10/bbl in largest daily drop since April 2020
Black Friday draws US shoppers but many shun stores for online
Stocks tumble on new coronavirus variant fear
China traders ramp up leverage in bet PBoC to stay on sidelines
Indonesia jobs law ruling may dim investment outlook
Investing in a tough 2022

Others Also Read


Vouchers