Bursa Malaysia Stock Watch
Xingquan's pretax profit rises to RM33.2m
kltrader
Publish date: Fri, 18 Feb 2011, 09:57 PM
kltrader
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Outdoor wear company Xingquan International Sports Holdings Bhd achieved a higher pre-tax profit of RM33.204 million for the second quarter ended Dec 31, 2020, from RM32.458 million in the same quarter of 2009.
Revenue increased to RM190.734 million from RM167.098 million previously, Xingquan said in a filing to Bursa Malaysia today.
The increase in revenue follows a hike in sales volume and the average selling price of shoes as well as the outdoor sports and leisure product segments.
The company said as its new factory had just started production this month, there would be an increase in production capacities for shoe sales and products.-- BERNAMA
Revenue increased to RM190.734 million from RM167.098 million previously, Xingquan said in a filing to Bursa Malaysia today.
The increase in revenue follows a hike in sales volume and the average selling price of shoes as well as the outdoor sports and leisure product segments.
The company said as its new factory had just started production this month, there would be an increase in production capacities for shoe sales and products.-- BERNAMA
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