KUALA LUMPUR: Chemical distributor Samchem Holdings Bhd
said a favourable currency exchange rate and higher margin boosted its earnings in the second quarter ended June 30.
The improved margin was due to the surge in demand of products to the healthcare, household and personal care sectors.
Net profit jumped 37% to RM8.76mil, or 3.22 sen a share.
Revenue declined 15% to RM201mil as the movement control order (MCO) resulted in lower sales volume.
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