After Q2 loss, Notion Vtec hopes to start face mask production in June

TheStar Wed, Jun 03, 2020 05:45pm - 3 years View Original


KUALA LUMPUR: Precision component maker Notion VTEC Bhd said it will provide new earnings guidance in the next quarter after business disruptions caused by the novel coronavirus (Covid-19) pandemic pushed the company into the red.

Notion Vtec, in a filing with Bursa Malaysia today, said it made a net loss of RM3.8mil in the second quarter ended March 31.

Overall sales during the quarter were down 11%.

It warned that the worst is yet to come.

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