Wellcall Holdings Berhad Announces Unaudited Earnings Results for the Fourth Quarter and Financial Year Ended September 30, 2015
For the full year, the company reported record high revenue of MYR 158.1 million, delivering 8% year-on-year growth. Profit before tax in the twelve-month period was surged 25.7% year-on-year to MYR 48.5 million, whilst net profit grew 40.5% year-on-year to MYR 41.3 million. Stronger fiscal year 2015 performance was attributed to sustained demand growth for the company's industrial rubber hose, as well as favorable foreign exchange gain and lower overheads from greater economies of scale in production. Export markets accounted for 91% of group revenue for the full year fiscal year 2015.