DPI Holdings Bhd
is cautiously optimistic of continuing on its double-digit growth trajectory, as it leverages on the opportunities from disruptions brought about by the Covid-19 pandemic, says its deputy managing director Adam Chai.
The Tangkak, Johor-based aerosol spray paint manufacturer has seen stellar financial results, with its net profit jumping 85% year-on-year (y-o-y) to RM9.8mil, while revenue rose 37.6% to RM47.8mil for the nine months ended Feb 28, 2021.
For its third quarter (Q3) of financial year 2021 (FY21), DPI posted a 156% y-o-y jump in net profit to RM3.3mil, while revenue rose 40.4% y-o-y to RM16.3mil due to an increase in sales orders from new and existing customers.
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