KUALA LUMPUR: Solid Auto-motive Bhds net profit doubled to RM3.13 million in the second quarter ended October 31 from RM1.43 million a year ago on the back of lower finance costs. Its revenue surged 16.3 per cent to RM36.4 million compared with RM31.31 million in the same period, driven by higher contribution from both domestic and export markets. œThis had offset the negative impact of lower overall margins, Solid Automotive told Bursa Malaysia yesterday.
To continue reading the rest of the article, click here