Dufu Technology Q3 net profit up

PETALING JAYA: Dufu Technology Corp Bhd’s net profit for the third quarter ended Sept 30, 2021 rose 57.5% to RM20.25mil from RM12.86mil a year ago on the back of higher revenue of RM90.99mil compared with RM75.95mil previously.

In a filing with Bursa Malaysia, it said the increase in revenue was mainly due to the increase in volume loading by customers related to hard disk drive (HDD) components.It also registered a strong double-digit growth following the enormous demand for sheet metal-welded assembly components and parts and from the buoyant orders coming from control and sensors in the non-HDD segment.