KUALA LUMPUR, Jan. 27 -- Malaysian agricultural and industrial chemicals manufacturer and supplier Ancom Berhad recorded nearly 400 per cent increase in its net profit for its first half year period, which ended on November 30 last year.

The group garnered a profit after tax and non-controlling interest of RM9.3 million, which is a 377.3 per cent increase year-on-year (YoY) compared to the RM1.9 million reported for the same period in the year before.

Its group chief executive officer Lee Cheun Wei attributed the growth to strong sales from Ancom's agricultural chemicals division, coupled with higher profit margin attained from the industrial chemicals division.

He also said improvements to cost efficiency further enhanced Ancom's bott...