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NewsKian Joo reports RM139.5m pre-tax profit
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Kian Joo reports RM139.5m pre-tax profit
by hlk Wed 29 Feb 2012, 19:37
Kian Joo Can Factory Bhd's pre-tax profit for the financial year ended Dec 31, 2011 rose to RM139.492 million from RM132.906 million in 2010. Revenue increased to RM1.086 billion from RM992.671 million.
In a filing to Bursa Malaysia today, Kian Joo said revenue from cans
division increased by four per cent to RM774.6 million from RM742.3 million in
2010 mainly due to the improvement in production and operating efficiency.
"Revenue from cartons division increased by 27 per cent from RM192 million
to RM244.6 million, mainly from the operations in Vietnam.
"Revenue from contract packing division increased by 14 per cent from RM58.3
million in 2010 to RM66.7 million," the company said.
For this year, the group will continue to focus on its core business and
strive to maintain its market share and improve its performance. -- Bernama
In a filing to Bursa Malaysia today, Kian Joo said revenue from cans
division increased by four per cent to RM774.6 million from RM742.3 million in
2010 mainly due to the improvement in production and operating efficiency.
"Revenue from cartons division increased by 27 per cent from RM192 million
to RM244.6 million, mainly from the operations in Vietnam.
"Revenue from contract packing division increased by 14 per cent from RM58.3
million in 2010 to RM66.7 million," the company said.
For this year, the group will continue to focus on its core business and
strive to maintain its market share and improve its performance. -- Bernama
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