KUALA LUMPUR (Jan 12): SUPERMAX CORPORATION BHD [] shares extended their gains in early trade on Thursday on the company’s positive outlook for the glove makers’ sector.
At 9.15am, Supermax added five sen to RM4.37 with 1.15 million shares traded.
The company’s executive chairman Datuk Seri Stanley Thai said on Wednesday said the company expects to record between RM100 million and RM110 million in profit after tax for the financial year ended Dec 31, 2011.
Thai said 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.
At 9.15am, Supermax added five sen to RM4.37 with 1.15 million shares traded.
The company’s executive chairman Datuk Seri Stanley Thai said on Wednesday said the company expects to record between RM100 million and RM110 million in profit after tax for the financial year ended Dec 31, 2011.
Thai said 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.
