Zhulian posts two-fold jump in quarterly net profit

TheStar Thu, Apr 14, 2022 08:20am - 1 year View Original


Zhulian staff working on jewellery engravings. - File pic

PETALING JAYA: Zhulian Corp Bhd’s net profit more than doubled to RM26.15mil for the first quarter ended Feb 28, 2022 (1Q22) from RM12.11mil in the corresponding quarter of the preceding year on gains from disposal of a leasehold land in Indonesia.

It declared a first interim dividend of three sen per share.

During the quarter in review, the company, which principally manufactures jewellery and consumer products and sells them through a direct marketing network, posted revenue of RM34.57mil.

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