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NewsSupermax 4Q profit falls 22% yoy to RM25m, to pay 3sen dividend
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Supermax 4Q profit falls 22% yoy to RM25m, to pay 3sen dividend
by Cals Fri 28 Feb 2014, 01:29
| Supermax 4Q profit falls 22% yoy to RM25m, to pay 3sen dividend |
| Business & Markets 2014 |
| Written by Jeffrey Tan of theedgemalaysia.com |
| Thursday, 27 February 2014 18:15 |
KUALA LUMPUR (Feb 27): Supermax Corporation Bhd’s net profit fell 22% year-on-year (y-o-y) to RM25.0 million in the fourth quarter ended Dec 31, 2013, from RM32.1 million a year ago.
Revenue also declined 29% y-o-y to RM192.2 million from RM271.2 million.
In an announcement to Bursa Malaysia, the glove manufacturer proposed a final dividend of 6% tax exempt for the financial year ended Dec 31, 2013. This amounts to 3 sen per share.
For the full-year period, net profit registered RM128.8 million versus RM121.7 million in the previous year, while revenue stood at RM1.13 billion from RM997.4 million a year ago.
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