Goodpack's Q3 profit increases 20.2% to US$13.1m

Singapore

INTERMEDIATE bulk container-provider Goodpack Ltd posted a 20.2 per cent year-on-year increase in net profit for the third quarter ended March 31, 2014.

Net profit rose to US$13.1 million, or 2.33 US cents per share, for the quarter.

No dividend was declared, similar to the year-ago period.

Revenue rose 14.2 per cent to US$51.2 million, due mainly to an increased penetration of existing markets and higher demand from existing customers, the company said yesterda…