KUALA LUMPUR: DUFU TECHNOLOGY CORP BHD
, which saw its net profit surged to RM14.14mil in the first quarter ended March 31, from RM4.17mil in the same period a year ago, expects a very challenging and volatile business environment going forward.
Its revenue for the quarter was 27.6% higher at RM62.9mil compared with RM49.4mil last year.
The hard disk drive (HDD) component maker said the increase in revenue was mainly due to the increase in volume loading by customers related to components.
The group’s profit before tax in the first quarter increased to RM18.7mil from RM5.8mil previously.
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