Luxchem Corp Bhd’s net profit for the third quarter ended Sept 30, 2018 (3Q18) increased 9.45% year-on-year (YoY) to RM9.84 million due to the lower share option expenses recognised during the current year quarter and lower other operating expenses.
Revenue for the quarter improved by 12.78% YoY to RM212.28 million due to higher revenue contributed by its trading segment.
For the financial year-to-date, the group achieved a revenue of RM607.84 million as opposed to RM609.48 million in preceding year corresponding period.
Luxhem noted it will continue to improve productivity and efficiency.
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var EMOTE_TEXT = ["HAPPY","INDIFFERENT","AMUSED","EXCITED","ANGRY","SAD"]The post Luxchem 3Q18 net profit increases to RM9.84m appeared first on The Malaysian Reserve. [...]