Hot Stock Cypark up 9.5% on higher profit, revenue
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Hot Stock Cypark up 9.5% on higher profit, revenue
Hot Stock
Cypark up 9.5% on higher profit, revenue
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By Ahmad Naqib Idris / theedgemarkets.com | July 1, 2015 : 2:08 PM MYT
KUALA LUMPUR (July 1): [size=14]Cypark Resources Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) rose as much as 16 sen or 9.5% after the environmental engineering specialist reported better second quarter and first half financials from a year earlier.
Yesterday (June 30), Cypark (fundamental: 1.3; valuation: 2.4) said it posted higher net profit of RM14.55 million for the second quarter ended April 30, 2015, from RM13.65 million. Revenue climbed to RM72.95 million, from RM68.92 million.
Cumulative first-half net profit increased to RM23.08 million, from RM21.38 million a year earlier. Revenue was higher at RM132.87 million versus RM120.38 milion.
Today, Cypark shares reached an intraday high of RM1.85, before paring gains at afternoon market break.
At 12:30pm, the stock settled at RM1.77, with 901,400 shares exchanged.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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Cypark up 9.5% on higher profit, revenue
[You must be registered and logged in to see this image.]
By Ahmad Naqib Idris / theedgemarkets.com | July 1, 2015 : 2:08 PM MYT
KUALA LUMPUR (July 1): [size=14]Cypark Resources Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) rose as much as 16 sen or 9.5% after the environmental engineering specialist reported better second quarter and first half financials from a year earlier.
Yesterday (June 30), Cypark (fundamental: 1.3; valuation: 2.4) said it posted higher net profit of RM14.55 million for the second quarter ended April 30, 2015, from RM13.65 million. Revenue climbed to RM72.95 million, from RM68.92 million.
Cumulative first-half net profit increased to RM23.08 million, from RM21.38 million a year earlier. Revenue was higher at RM132.87 million versus RM120.38 milion.
Today, Cypark shares reached an intraday high of RM1.85, before paring gains at afternoon market break.
At 12:30pm, the stock settled at RM1.77, with 901,400 shares exchanged.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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