Business briefing
Add BT as a preferred sourceChina FlexPack back in the black for Q3
CHINA Flexible Packaging Holdings swung to a 15.4 million yuan (S$3.17 million) profit for the third fiscal quarter ended July 31 from a year-ago loss of 92.9 million yuan, the maker of packaging films' first profitable quarter since 2012. The turnaround was attributed to higher sales of high-margin shrinkage film products.
China FlexPack shares ended at one Sinagpore cent on Friday, down by 16.7 per cent or 0.2 cent, before the announcement
TRENDING NOW
Singdollar hits 10-month high against ringgit as investors take refuge in traditional safe haven
Apple joins foldable phone race with US$1,999 passport-shaped iPhone Duo
DBS ‘categorically rejects’ S$1.3 billion claim by 1MDB-linked entities under liquidation
Commodity-finance risks back in focus amid Radiant World scrutiny
