Filtraglass
Falorni Tech Glass Melting Technology

Poly Glass Fiber: rise in 9-month pretax profit

Malaysia“s Poly Glass Fiber (M) Berhad posted group pretax profit of MYR 1.65 million (USD 434,210) for the nine months to 30 November 2004, up 410.9% from the year-ago period.
This was mainly a res…

Malaysia“s Poly Glass Fiber (M) Berhad posted group pretax profit of MYR 1.65 million (USD 434,210) for the nine months to 30 November 2004, up 410.9% from the year-ago period. This was mainly a result of better sales achieved by the glasswool division, the company said in a filing to Bursa Malaysia. Poly Glass Fiber, a leading manufacturer and marketer of fiberglass wool for thermal and acoustic insulation for commercial, industrial and residential applications, said group revenue for the period rose 6.5% year-on-year to MYR 26.059 million. During the three months to 30 November 2004, group turnover declined 18.81% year-on-year to MYR 7.96 million while pre-tax profit fell 55.4% on-year to MYR 588,000.

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news