Wisynco to add warehouse space, weighs new production lines as profit jumps 29%

Wisynco Group could commit to new production lines within 18 months, Chairman William Mahfood said, as the manufacturer and distributor approaches the ceiling of the capacity it installed over the past three years. Profit for the September first-quarter, the first of Wisynco’s 2027 financial year, jumped 29 per cent to $1.91 billion. Revenue rose 20.7 per cent to $19.54 billion, and gross margin widened to 36.4 per cent from 34.8 per cent.