[The Star] Daibochi Q3 pre-tax profit rises

26 October 2012

KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd\’s pre-tax profit for the third quarter (Q3) ended Sept 30, 2012, jumped 68.5 % to RM9.25mil from RM4.54mil in the same period last year.

Revenue declined 3% to RM65.66mil from RM67.67 mil previously, the company said in a statement.

“Daibochi\’s packaging segment is the primary contributor to group revenue, witnessing higher sales of RM65.1mil in this quarter, from RM62.2mil in the previous corresponding quarter,” it said.

Managing director Thomas Lim said Daibochi was gaining traction in the overseas markets, particularly in Australia.

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News Room [The Star] Daibochi Q3 pre-tax profit rises