KUALA LUMPUR, MALAYSIA – SKP Resources posted fiscal second quarter revenue of RM 726.3 million (US$177.6 million), an increase of 49.2% year-over-year.

For the quarter ended Sept. 30, profit before tax was RM 57.8 million, up 81.4%. Operating profit was RM 57.3 million, an increase of 89.4% compared to the same quarter in 2019.

For the six months ended Sept. 30, SKP reported revenue of RM 1.1 billion, up 32.4% year-over-year. Profit before tax for the six-month period was RM 71 million, an increase of 28.2%. Operating profit was RM 69.5 million, up 33.7%.

SKP is a contract electronics manufacturer.

Ed.: RM 1 = US$0.24