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Ajiya's Q1 pre-tax profit increases

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Ajiya's Q1 pre-tax profit increases Empty Ajiya's Q1 pre-tax profit increases

Post by hlk Fri 26 Apr 2013, 19:20

Ajiya Bhd's pre-tax profit for the first quarter ended Feb 28, 2013 rose
to RM6.85 million, from RM6.19 million, recorded in the corresponding
quarter of last year.


Revenue increased to RM93.05 million, during the period under review, from RM89.13 million, registered previously.



In a filing to Bursa Malaysia, Ajiya said the higher revenue was due to increased demand for the group's products.


Ajiya said the government's Economic Transformation Programme
continued to be the main factor in generating demand for the building
materials sector, which was expected to contribute positively to the
group's turnover.







"With Ajiya's positioning in Thailand, it will further enhance its
future expansion and growth prospects in both Thailand and Indochina,"
it added.-- Bernama
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