KUALA LUMPUR: Mah Sing Group Bhd 's net profit for the second quarter ended June 30, more than tripled to RM40.4mil from RM12.82mil in the same quarter last year.Revenue for the quarter under review was up 47% to RM438.7mil from RM298.6mil in the comparative quarter last year.It said in a statement that it has successfully recorded new property sales to-date of about RM1.06bil for the first eight months of 2021.Property sales for the first half of 2021 almost doubled to RM800.9mil from RM418.6mil in the first half of last year. "Our continuous efforts in adopting digital marketing campaigns in the first half of the year have panned out well and put us on track to meet our RM1.6bil sales target this year. "We are confident that they will be well-received as the demand for affordable segment continues to persist. "We believe 2021 would be an exciting year for us as we show out commitment to be a long-term player in the glove business and continue to grow our network globally. "We are also more than ready to receive more orders as we have the capacity to cater to the global glove demand in the near future, said Mah Sing group CEO Ho Hon Sang.

Source: The Star August 30, 2021 07:18 UTC