Luxchem net profit rises two-fold on trading segment


Luxchem Corp Bursa Malaysia that its net profit in the January-March 2021 period increased to RM20.56mil as compared to RM9.99mil in the corresponding quarter a year earlier.

PETALING JAYA: Industrial chemical provider Luxchem Corp Bhd’s net profit surged two-fold in the first quarter ended March 31, led by higher domestic sales recorded by its trading segment.

The group told Bursa Malaysia that its net profit in the January-March 2021 period increased to RM20.56mil as compared to RM9.99mil in the corresponding quarter a year earlier.

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