Supermax Corporation Berhad Reports Earnings Results for the Third Quarter Ended March 31, 2021
May 05, 2021 at 06:38 am
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Supermax Corporation Berhad announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced sales was MYR 1,937.516 million compared to MYR 447.247 million a year ago. Net income was MYR 1,005.212 million compared to MYR 71.056 million a year ago. Basic earnings per share from continuing operations was MYR 0.3883 compared to MYR 0.0271 a year ago. For the nine months, sales was MYR 5,288.698 million compared to MYR 1,202.685 million a year ago. Net income was MYR 2,854.191 million compared to MYR 125.968 million a year ago. Basic earnings per share from continuing operations was MYR 1.1026 compared to MYR 0.0481 a year ago.
Supermax Corporation Berhad is an investment holding company, engaged in the production of rubber gloves. The Company operates through four segments: Investment holding, Manufacturing of gloves, Trading of gloves and Others. The Company is an international manufacturer, distributor, and marketer of medical gloves. It manufactures various types of nitrile latex and natural rubber gloves, which are exported to over 165 countries around the world, such as the United States of America, European Union, Middle East, Asia, and South Pacific countries. The Company owns a range of brands, such as Supermax, Aurelia and Maxter, which are used by laboratories, hospitals, pharmacists, doctors, and surgeons throughout the world. It produces over 26 billion pieces of gloves per year. It has approximately eight distribution centres based in the United States of America, Brazil, Canada, Germany, Hong Kong, and United Kingdom.