PETALING JAYA: Econframe Bhd’s net profit rose 62.7% to RM2.66mil for the first quarter of financial year ending Aug 31, 2022 (Q1’FY22) from RM1.64mil in Q1’FY21 on higher revenue recorded and lower administrative expenses.
During the quarter in review, the company saw its revenue increase 15% to RM13.3mil from RM11.57mil, driven by its manufacturing segment, which registered higher billings and higher selling prices for metal door frames.
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