HPP Holdings’ Q1 net profit at RM4.32mil

TheStar Wed, Jan 27, 2021 08:00am - 3 years View Original


HPP Holdings group managing director Kok Hon Seng (pic) said: “We are satisfied with our commendable results and our team is working to further expand our customer base. More international corporations are relocating their manufacturing facilities to Malaysia, creating further opportunities for us”.

PETALING JAYA: Offset packaging printing specialist HPP Holdings Bhd posted a net profit of RM4.32mil for the second quarter (Q2) of its financial year ending May 31,2021. Consequently, its earnings per share (EPS) stood at 1.41 sen.

For the cumulative period, its net profit was RM8mil, while its EPS was 2.66 sen.

During the quarter in review, HPP Holdings’ revenue rose 16.9% to RM31.21mil from RM26.69mil in the previous corresponding quarter.

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