Supermax's Q2 net profit rose 59.06pc to RM35.90m

February 14, 2018 | By | Reply More

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KUALA LUMPUR: Supermax Corp Bhd’s net profit in the second quarter (Q2) ended December 31, 2017, rose 59.06 per cent to RM35.90 million from RM22.57 million in the same period a year ago, driven by higher production capacity and improved operational efficiency.

In an exchange filing today, Supermax’s revenue in Q2 increased 41.89 per cent to RM335.91 million from RM236.71 million due to strong demand for gloves and higher output recorded.

Moving forward, the company said global demand for both natural rubber and nitrile gloves remains strong with healthcare awareness continuing to rise.

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