Tuesday, May 13, 2008

LCTH Corp Bhd ... dated May 2008

It wants to add automotive manufacturers and disposable medical equipment makers to its list of clients. The move would help the company strengthen its position in the plastic injection moulding segment in the country.

It recently secured a contract to supply parts and components to an automotive company in Australia and are now looking at New Zealand.

Presently, its major clients are multinational corporations in the electrical and electronics sector, home appliances, telecommunication gadgets, IT-related products and power tools.

For the financial year ended Dec 31, 2007, LCTH recorded lower pre-tax profit of RM21.4mil compared with RM34.3mil in 2006. Its revenue rose to RM354.7mil from RM313mil previously.

It had of RM58.352mil in cash and cash equivalents as at end-2007.

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