Tomypak Q1 profit up 78.3pc to RM6.26m

KUALA LUMPUR: Tomypak Holdings Bhd saw its net profit for first financial quarter ended March 31 surge 78.3 per cent to RM6.26 million, or 3.79 sen per share, from RM3.51 million, or 3.21 sen per share, a year ago. The group attributed the surge to an increase in demand from both local and overseas customers, on improved cost of production and lower foreign exchange losses. Its revenue also increased five per cent in the first quarter to RM53.92 million from RM51.36 million in the corresponding quarter last year. Agencies