Dufu expects record revenue

TheStar Tue, Nov 03, 2020 08:30am - 3 years View Original


“We expect the group to achieve a record revenue for FY2020 which will likely enable the group to achieve satisfactory results, ” despite the Covid-19 uncertainties, it said in a filing with Bursa Malaysia yesterday. (File pic shows some Dufu products.)

KUALA LUMPUR: Hard disk driven (HDD) component maker Dufu Technology Corp Bhd said sales are expected to remain strong in the final quarter as robust demand lift revenue 12% higher in the three-month ended Sept 30.

“We expect the group to achieve a record revenue for FY2020 which will likely enable the group to achieve satisfactory results, ” despite the Covid-19 uncertainties, it said in a filing with Bursa Malaysia yesterday.

Turnover in the three-month ended Sept 30 was RM76mil compared with RM67.6mil made a year ago.

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