Plastic pipes and fittings maker Resintech Bhd posted a net profit of RM1.18 million for its third quarter ended Dec 31, 2023 (3QFY2024) versus a net loss of RM1.24 million a year earlier, on the back of higher revenue.
The better showing was also helped by lower administrative expenses of RM1.58 million which was down by 21.6% from RM2.02 million previously and lower other operating expenses of RM447,000, a drop of 78.7% from RM2.1 million previously, the group’s bourse filing showed.
TheEdge08 Feb, 2024 20:08pm - 1 month