PETALING JAYA: Cropmate Bhd remains cautiously optimistic on demand prospects, noting that fertiliser consumption is closely tied to the broader political, economic and climatic factors affecting the agriculture sector.
“Our team is focused on strategic capital investments and product innovation to strengthen Cropmate’s market position and long-term value creation,” managing director Lee Chin Yok said in a statement.
In the second quarter ended June 30, the fertiliser manufacturer reported a net profit of RM3.4mil, or 0.47 sen per share, lifting first-half profit to RM7.2mil, or 0.98 sen per share.
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