Supermax net profit plunges 96% to RM33mil in 4Q


KUALA LUMPUR: Supermax Corp Bhd’s net profit plunged 96.6% to RM33.05mil, or earnings per share (EPS) of 1.25 sen in the fourth quarter ended June 30 (4Q) against RM962.5mil, or 37.08 sen EPS a year earlier.

Its revenue saw a steep fall of 84% to RM 300.2mil from RM1.87bil compared to the corresponding quarter a year ago.

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