CI Holdings Q2 revenue rises 40%


PETALING JAYA: CI Holdings Bhd will continue with its expansion plans for revenue growth for its edible oil operations and form smart partnerships with property developers for better growth of its tapware and sanitary ware divisions.

The company’s net profit for the second quarter of its financial year 2023 (2Q23) more than doubled to RM37.18mil or an earnings per share (EPS) of 22.95 sen as compared to the RM16.22mil net profit or EPS of 10 sen recorded in the corresponding quarter of last year.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Meta Bright's subsidiary bags concrete supply contract worth RM60mil
Cropmate aims to raise RM42mil from ACE Market IPO
Malaysia’s removal from US treasury monitoring list indicates balanced, transparent policies
Gold faces worst week in more than 3 years on bets of slower Fed easing
Malaysia's removal from US currency watch list affirms ringgit's market-driven status -Bank Negara Governor
China first to produce over 10m NEVs in a year
Bank Negara announces foreign exchange policy liberalisation for MDBs, qualified non-resident DFIs
Malaysian-led consortium makes offer for MAHB at RM11.00 per share
FBM KLCI slips below 1,600; GDP expands 5.3% in 3Q
Malaysia's economy grows 5.3% in 3Q

Others Also Read