KUALA LUMPUR (Jan 11): Supermax Corp Bhd expects to record between RM100 million and RM110 million in profit after tax for the financial year ended Dec 31, 2011.
Its executive chairman Datuk Seri Stanley Thai said on Wednesday he also expected RM1 billion in sales in FY11.
For the nine-months ended Sept 30, FY11, Supermax reported RM77.86 million earnings on the turnover of RM750.70 million.
As for 2012, he was upbeat about a better year as natural rubber price was expected to fall to between RM5.50 and RM6 per kg in 1QCY2012 while foreign exchange was expected to be stable.
Its executive chairman Datuk Seri Stanley Thai said on Wednesday he also expected RM1 billion in sales in FY11.
For the nine-months ended Sept 30, FY11, Supermax reported RM77.86 million earnings on the turnover of RM750.70 million.
As for 2012, he was upbeat about a better year as natural rubber price was expected to fall to between RM5.50 and RM6 per kg in 1QCY2012 while foreign exchange was expected to be stable.
