New production lines lift margins at Comfort Gloves as Q1 profit doubles

KUALA LUMPUR: Comfort Gloves Bhd said newly commissioned production lines are helping to the company keep up with surging orders, boosting sales and profits.

Net profit in the first quarter ended April 30 doubled to RM16.3mil from RM8.4mil a year ago. Revenue increased to RM152.9mil compared with RM120mil previously, the company said in a filing with Bursa Malaysia today.

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