Indonesian venture a boon for Duopharma


KUALA LUMPUR: Duopharma Biotech Bhd’s expansion into the Indonesian market will enable the group to create a bigger global presence and seize exciting opportunities for collaboration that will in turn contribute to better healthcare outcomes.

In the first quarter ended March 31, the pharmaceutical group posted a net profit of RM22.6mil, up 11.5% from RM20.3mil posted a year ago.

Its revenue rose 7.8% to RM200.5mil compared with RM185.9mil in the corresponding period last year.

Earnings per share for the quarter amounted to 2.38 sen, compared with 2.19 sen previously.

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