Brief: India's Mold-Tek Packaging Sept-Qtr Profit Rises

Mold-Tek Packaging

07/11/2022 09:43

Nov 7 (Reuters) - Mold-Tek Packaging Ltd  MOLT.NS :
    * INDIA'S MOLD-TEK PACKAGING LTD SEPT-QUARTER PROFIT 194.2
MILLION
RUPEES VERSUS PROFIT 175.9 MILLION RUPEES YEAR AGO
    * MOLD-TEK PACKAGING LTD SEPT-QUARTER REVENUE FROM
OPERATIONS 1.83
BILLION RUPEES VERSUS 1.6 BILLION RUPEES YEAR AGO
    * MOLD-TEK PACKAGING LTD - UNSTABILITY IN RAW MATERIAL
PRICES LED
TO DEFERMENT OF CUSTOMER DEMAND AND DESTOCKING
    * MOLD-TEK PACKAGING LTD - TWO NEW PRINTING MACHINES
SUPPOSED TO
ARRIVE IN AUGUST ARE DELAYED DUE TO SEMICONDUCTORS SHORTAGES
    * MOLD-TEK PACKAGING LTD - TWO NEW PRINTING MACHINES
EXPECTED TO
BE COMMISSIONED BY END OF NOV/DEC 2022
    * MOLD-TEK PACKAGING LTD - PLANNING ONE MORE ADVANCE
PRINTING
MACHINE TO ENHANCE LABEL PRINTING CAPACITY

Source text for Eikon:  ID:nBSE4Qrp8b 
Further company coverage:  MOLT.NS 
 ((Reuters.Briefs@thomsonreuters.com;))