Hot Stock DKSH rises 3% after strong 3Q profit
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Hot Stock DKSH rises 3% after strong 3Q profit
Hot Stock DKSH rises 3% after strong 3Q profit |
Business & Markets 2013 |
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com |
Friday, 22 November 2013 12:26 |
At 11.52am, DKSH was traded at RM6.59, up 17 sen or 2.65%, with 6,000 shares done.
DKSH recorded strong 3Q results, according to their statement to Bursa Malaysia yesterday.
The group’s net profit for 3QFY13 was at RM17.3 million compared to RM11.8 million in the previous corresponding quarter.
Revenue climbed to RM1.29 billion, from RM1.19 billion a year ago.
On outlook, the group said it remains positive on its outlook due to diversified portfolio of clients as well as strong sales.
“The group’s performance is expected to continue positively for the remainder of the year,” it said in its filing to Bursa Malaysia yesterday.
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