CEKD earnings up on new orders

TheStar Tue, Oct 26, 2021 08:00am - 1 year View Original

PETALING JAYA: Recently listed CEKD Bhd saw its net profit rise to RM6.30mil for the financial year ended Aug 31, 2021 (FY21) from RM6.04mil in FY20.

The company’s revenue also rose slightly to RM28.23mil for FY21 from RM26.36mil a year ago while earnings per share rose to 4.37 sen from 4.19 sen.

“We managed to achieve better financial performance for the full year despite the stricter lockdown to curb the spread of Covid-19 affecting a number of industries.

“This is mainly due to newer and more complex die-cutting mould orders received from our customers,” managing director Yap Kai Ning said in a statement.


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