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NewsPLB Engineering 2Q posts 182% jump in profit
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PLB Engineering 2Q posts 182% jump in profit
by hlk Mon 29 Apr 2013, 21:34
Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Monday, 29 April 2013 17:56
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KUALA LUMPUR (April 29): PLB ENGINEERING BHD [] said its net
profit for second quarter to end-Feb 2013 had jumped 182% to RM4.03
million, from RM1.43 million in the previous year corresponding quarter.
Its revenue had soared to RM63.78 million, from RM28.72 million
previously.
The company, in its explanatory notes to Bursa Malaysia, said higher
revenue and profit were mainly contributed by on-going property
development projects, namely Batu Maung, Prestige V and Balik Pulau,
Prestige III.
Sales of development land Lot 1840 also contributed to the higher profit,
said the company.
Written by Ho Wah Foon of theedgemalaysia.com
Monday, 29 April 2013 17:56
A + / A - / Reset
KUALA LUMPUR (April 29): PLB ENGINEERING BHD [] said its net
profit for second quarter to end-Feb 2013 had jumped 182% to RM4.03
million, from RM1.43 million in the previous year corresponding quarter.
Its revenue had soared to RM63.78 million, from RM28.72 million
previously.
The company, in its explanatory notes to Bursa Malaysia, said higher
revenue and profit were mainly contributed by on-going property
development projects, namely Batu Maung, Prestige V and Balik Pulau,
Prestige III.
Sales of development land Lot 1840 also contributed to the higher profit,
said the company.
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