Thursday, 24 November 2011

Unimech records higher revenue in Q3

Unimech Group Bhd recorded a pre-tax profit of RM7.37 million for the third quarter ended Sept 30, 2011 compared with RM5.896 million registered in the corresponding quarter of last year.

In a filing to Bursa Malaysia today, the company said revenue increased to RM45.3 million, for the period under review, from RM42.86 million chalked up in the previous corresponding period.

Unimech Group attributed the higher revenue to increased demand for valves, fittings and related products.

Going forward, it said the group would continue to meet market demand for its core business in order to enhance the group's long-term profitability.

"The group will also step up efforts to improve operation efficiency in order to achieve a competitive edge in the market," it added. -- Bernama



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