KUALA LUMPUR (Oct 27): Spritzer Bhd posted a net profit of RM6.67 million for the three months period ended August 31, 2016 (3MFY16) on a revenue of RM78.6 million. But if compared to the three months ended Aug 31, 2015 (3MFY15), its revenue have gone up 18% from RM66.7 million previously, mainly due to higher sales for both bottled water products and packaging. Its manufacturing segment's revenue was at RM3.9 million, up 17% y-o-y, on higher sales volume. Its trading segment's revenue was up 31% y-o-y at RM4.6 million, due to new sales to China. At Bursa Malaysia yesterday, Spritzer's shares slipped two sen to close at RM2.46, valuing the group at RM421.9 million.

Source: The Edge Markets October 26, 2016 18:40 UTC