Business : Scanwolf eyes turnaround in Q4 FY21 on strong demand, new plastic film business


Source: bernama.com bernama.com

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Scanwolf eyes turnaround in Q4 FY21 on strong demand, new plastic film business 15/06/2021 04:30 PM KUALA LUMPUR, June 15 -- Scanwolf Corporation Bhd (SCB), which posted a net loss of RM486,000 for the nine-month period to March 31, 2021, is eyeing a strong turnaround in the current quarter ending June 30. The turnaround would be driven by its new plastic film manufacturing business and the capacity-maximised plastic edging division, the plastics extrusion product manufacturer said. Executive director Ng Chee Wai said the plastic film manufacturing business, which started in March 2021, would allow it to focus on providing packaging...