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Bonia Corp sales fall 17% to RM78 mn in Q1 FY21

08 Jan '21
1 min read
Pic: Bonia Corporation
Pic: Bonia Corporation

Bonia Corporation Berhard, a Malaysia-based luxury fashion retailer, has reported 17.1 per cet revenue decline to RM78.0 million (Malaysian ringgit) in its first quarter (Q1) FY21 ended on September 30, 2020 compared to RM94.1 million in the same period prior year. However, company’s profit for the quarter rose to RM6.4 million (Q1 FY20: RM4.6 million).
 
Gross profit for Q1 FY21 was RM41.4 million (RM53.9 million). Company incurred a profit for the period of RM6.4 million (RM4.6 million).
 
Revenue from Malaysia in Q1 FY21 was RM51.3 million. While revenue in Singapore were RM22.4 million, Indonesia RM2.8 million and Vietnam RM0.2 million.

Fibre2Fashion News Desk (JL)

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