Flonic positive of returning to the black
Flonic Hi-Tec Bhd, a manufacturer of ultrasonic cleaning systems, is positive of returning to the black in the financial year ending Jan 31, 2009, according to executive chairman Yen Yoon Fah.
US automotive concern Ford Motor Co. reported Thursday it returned to the black in the first quarter of 2008 thanks to rigorous cost-cutting and restructuring, dpa reported.