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Ancom Crop Care awards scholarships to 14 Penang-born to further their studies

Ancom Nylex s 2Q net profit jumps 70% | The Edge Markets

Ancom Nylex Bhd (formerly known as Ancom Bhd) posted a 70.23% rise in net profit to RM20.56 million for the second quarter ended Nov 30, 2022 (2QFY2023) from RM12.08 million in the same quarter last year. In a filing with Bursa Malaysia, the group said revenue slipped marginally to RM531.25 million from RM532.91 million.

Ancom Nylex Q2 net profit more than doubles to RM15 14mil

KUALA LUMPUR: Ancom Nylex Bhd’s net profit more than doubled to RM15.14mil in the third quarter ended Feb 28 (3Q22) from RM7.08mil a year ago.

Ancom to capitalise on paraquat ban in Thailand, Brazil

ANCOM Bhd is hoping to capitalise on a ban on paraquat use in Thailand and Brazil as it believes its products to be good substitutes and well accepted in those markets. After the toxic chemical was banned in Thailand and Brazil in 2020, a huge vacuum was created in the two big markets, observes Ancom group CEO Lee Cheun Wei. “Paraquat was banned in these countries because it was classified as class-1 poison. This is a favourable situation for us because we see tremendous opportunity in these replacement markets,” he tells The Edge in an interview.

eFeedLink - Ancom subsidiary to acquire 80% stake in Shennong Animal Health

eFeedLink - Ancom subsidiary to acquire 80% stake in Shennong Animal Health
efeedlink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from efeedlink.com Daily Mail and Mail on Sunday newspapers.

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