KUALA LUMPUR, Oct 26 — Door manufacturer Econframe Bhd recorded a net profit of RM5.34 million for the financial year ended Aug 31, 2020 .
It accounted for approximately 79.8 per cent of the group’s total revenue, which was mainly driven by metal door frame sales and fire-resistant door sets. It added that the board is cautiously optimistic that the group is able to withstand the current uncertainties and is well-positioned to capture opportunities as the market recovers.
“The group resumed operations on April 20 at 50 per cent of its workforce and to 100 per cent under the CMCO on May 4,” it added.
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