PETALING JAYA: Hygiene care and air care products provider RGT Bhd
posted a 252% increase in net profit to RM4.26mil for the first quarter ended Sept 30, compared with the same quarter last year.
According to a Bursa Malaysia filing, the higher net profit was due to a 124% year-on-year increase in revenue to RM41.76mil as well as better operating efficiencies and scale, backed by a surge in demand for hygiene care products such as soap and sanitiser dispensers, which are widely used to prevent and control the spread of infectious diseases.
RGT, in a statement yesterday, said the exports of soap and sanitiser dispensers have been expanding at unprecedented levels since May.
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