Vitrox posts record quarterly sales and net profit

TheStar Thu, Jul 22, 2021 06:53pm - 2 years View Original


KUALA LUMPUR: Strong demand for electronics inspection systems helped Vitrox Corp Bhd posted its highest ever quarterly revenue and profits.

Net profit in the second quarter ended June 30 more than doubled to RM50.6mil from RM22.9mil a year ago.

Revenue jumped to RM196.2mil compared with RM96.5mil previously, the company said in a filing today.

"The increase is attributable to the surge in sales volume contributed from both Machine Vision System (MVS) and Automated Board Inspection (ABI)," it said.

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