Myanmar ops to boost Daibochi’s FY18 earnings

KUALA LUMPUR: End-to-end flexible packaging solutions provider Daibochi Plastic and Packaging Industry Bhd is confident of performing better in its financial year 2018 (FY18), which will recognise a full year’s contribution from its new Myanmar plant, while the group maximises the operation’s capacity. “In the past five years, we have recorded high single-digit growth in […]

Daibochi’s Myanmar ops lift 1Q net profit by 12%

KUALA LUMPUR (May 14): Daibochi Plastic and Packaging Industry Bhd said its new consumer packaging plant in Yangon, Maynmar, which commenced operation last July, helped lift its latest quarterly net profit by 12.3% to RM6.48 million, from RM5.77 million a year ago. This resulted in higher earnings per share for the quarter ended March 31, […]

Daibochi expects a better second half with new plant’s contribution

KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd, which on Wednesday reported a 14% dip in first half-year net profit, expects a stronger performance in the second half of the year as it banks on its newly-operational first overseas plant in Yangon, Myanmar. The flexible packaging manufacturer said in a statement that the consumer packaging […]