MClean Technologies Bhd registered a pre-tax profit of RM483,000 for the third quarter ended Sept 30, 2011, down from RM784,000 in the corresponding period of 2010. However, its revenue increased to RM10.481 million from RM6.348 million.
For the nine months period, its pre-tax profit saw a significant drop to
RM464,000 from RM4.478 million in the corresponding period last year, although revenue rose to RM27.952 million from RM21.468 million.
In a statement, it said the increase in group revenue was due mainly to an
increase in plastic injection moulding and cleanroom assembly services.
MClean’s Chief Executive Officer, Bert Chow commented: "Although we have
shown positive growth in revenue for the third quarter of this year, we remain
cautious about the effects of the flood situation in Thailand."
He said being the world’s second largest exporter of hard disk drive (HDD)
behind China, Thailand has experienced its worst flooding in more than 50 years, potentially leading to a shortage of HDD supplies for the current fourth quarter that may advance into the first quarter of 2012.
MClean is a company specialising in precision cleaning service for HDDs,
with market leadership and technological competence in the industry.
Its reputation and long-standing working relationship with major HDD
industry players provides the company the leverage and advantage to secure
continuous cleaning jobs in Singapore, as well as neighbouring HDD hubs such as Malaysia, Thailand and China. -- Bernama
For the nine months period, its pre-tax profit saw a significant drop to
RM464,000 from RM4.478 million in the corresponding period last year, although revenue rose to RM27.952 million from RM21.468 million.
In a statement, it said the increase in group revenue was due mainly to an
increase in plastic injection moulding and cleanroom assembly services.
MClean’s Chief Executive Officer, Bert Chow commented: "Although we have
shown positive growth in revenue for the third quarter of this year, we remain
cautious about the effects of the flood situation in Thailand."
He said being the world’s second largest exporter of hard disk drive (HDD)
behind China, Thailand has experienced its worst flooding in more than 50 years, potentially leading to a shortage of HDD supplies for the current fourth quarter that may advance into the first quarter of 2012.
MClean is a company specialising in precision cleaning service for HDDs,
with market leadership and technological competence in the industry.
Its reputation and long-standing working relationship with major HDD
industry players provides the company the leverage and advantage to secure
continuous cleaning jobs in Singapore, as well as neighbouring HDD hubs such as Malaysia, Thailand and China. -- Bernama
