{"id":7807,"date":"2021-11-23T09:36:47","date_gmt":"2021-11-23T01:36:47","guid":{"rendered":"https:\/\/www.bpplas.com\/?p=7807"},"modified":"2021-11-23T09:37:00","modified_gmt":"2021-11-23T01:37:00","slug":"bp-plastics-results-improve","status":"publish","type":"post","link":"https:\/\/www.bpplas.com\/bp-plastics-results-improve\/","title":{"rendered":"BP Plastics results improve"},"content":{"rendered":"

[vc_row][vc_column][vc_wp_text]<\/p>\n

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The increase in earnings was due to stronger demand and higher selling prices, the company said in a filing with Bursa Malaysia.<\/p>\n<\/div>\n<\/div>\n

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PETALING JAYA:\u00a0BP Plastics Holding Bhd<\/a><\/a>\u2019s net profit for the third quarter ended Sept 30, 2021 rose 30.47% to RM10.11mil from RM7.75mil previously as revenue jumped 53.46% to RM113.31mil.<\/p>\n

The increase in earnings was due to stronger demand and higher selling prices, the company said in a filing with Bursa Malaysia.<\/p>\n

For the nine months ended Sept 30, the group posted a net profit of RM34.56mil compared to RM22.44mil in the corresponding period last year.<\/p>\n

Revenue also rose to RM322.32mil from RM231.73mil previously.<\/p>\n

\u201cBacked by a strong financial position, the group continues to focus on product innovation, improving on supply chain sources, and upgrading facilities to support capacity expansion,\u201d it said.<\/p>\n<\/div>\n

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[vc_row][vc_column][vc_wp_text] The increase in earnings was due to stronger demand and higher selling prices, the company said in a filing with Bursa Malaysia. PETALING JAYA:\u00a0BP Plastics Holding Bhd\u2019s net profit for the third quarter ended Sept 30, 2021 rose 30.47% to RM10.11mil from RM7.75mil previously as revenue jumped 53.46% to RM113.31mil. The increase in earnings was due to stronger demand and higher selling prices, the company said in a filing with Bursa Malaysia. For the nine months ended Sept 30, the group posted a net profit of RM34.56mil compared to RM22.44mil in the corresponding period last year. Revenue also rose to RM322.32mil from RM231.73mil previously. \u201cBacked by a strong financial position, the group continues to focus on product innovation, improving on supply chain sources, and upgrading facilities to support capacity expansion,\u201d it said. [\/vc_wp_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62,66],"tags":[],"class_list":["post-7807","post","type-post","status-publish","format-standard","hentry","category-media-news","category-the-star","post-no-thumbnail"],"yoast_head":"\r\nBP Plastics results improve - BP Plastics<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.bpplas.com\/bp-plastics-results-improve\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"BP Plastics results improve - BP Plastics\" \/>\r\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_wp_text] The increase in earnings was due to stronger demand and higher selling prices, the company said in a filing with Bursa Malaysia. PETALING JAYA:\u00a0BP Plastics Holding Bhd\u2019s net profit for the third quarter ended Sept 30, 2021 rose 30.47% to RM10.11mil from RM7.75mil previously as revenue jumped 53.46% to RM113.31mil. The increase in earnings was due to stronger demand and higher selling prices, the company said in a filing with Bursa Malaysia. For the nine months ended Sept 30, the group posted a net profit of RM34.56mil compared to RM22.44mil in the corresponding period last year. Revenue also rose to RM322.32mil from RM231.73mil previously. \u201cBacked by a strong financial position, the group continues to focus on product innovation, improving on supply chain sources, and upgrading facilities to support capacity expansion,\u201d it said. 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