Superlon’s third-quarter net profit up 63.2%

TheStar Wed, Mar 17, 2021 09:00am - 3 years View Original


In its exchange filing, Superlon said it remained cautiously optimistic of the performance of its group for the financial year ending April 30,2021.

PETALING JAYA: Superlon Holdings Bhd’s net profit rose 63.2% to RM3.52mil for the third quarter (Q3) ended Jan 31,2021, from RM2.15mil in the corresponding period a year ago on improved margins.

The company had proposed a third interim dividend of 1.25 sen per share.

During the quarter in review, the thermal insulation material manufacturer saw its revenue decline 13.6% year-on-year (y-o-y) to RM22.86mil. Its earnings per share rose to 2.22 sen for Q3’21 from 1.36 sen in Q3’20.

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