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Supermax's Q2 net profit rises to RM38.14 million

Last update: 12/02/2019
KUALA LUMPUR, Feb 12 (Bernama) -- Supermax Corporation Bhd’s net profit for the second quarter ended Dec 31, 2018, rose to RM38.14 million from RM35.90 million recorded in the same period a year ago.

Revenue increased 14.6 per cent year-on-year to RM385.1 million from RM335.91 million previously, following the commissioning of new replacement lines at its Perak plant and full-quarter contribution from plants 10 and 11, the group said in a filing with Bursa Malaysia today.

“The construction of our 12th plant has commenced and it will add to the group’s production capacity when completed,” it said.

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