AT Systematization returns to the black
PETALING JAYA: AT Systematization Bhd swung to a net profit of RM1.8mil for the fourth quarter ended March 31, 2021, from a net loss of RM9mil in the corresponding period last year, on better operational performance by its fabrication and automation segment.
During the quarter in review, the company’s revenue doubled to RM13.4mil from RM5.6mil in the previous corresponding period.
The increase was largely due to contribution from sale of medical gloves.
For the full year, its net loss widened to RM20.5mil from RM15.3mil, while revenue rose to RM30.9mil from RM19.8mil.