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NewsDaya Materials 1Q profit jumps 71%
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Daya Materials 1Q profit jumps 71%
by hlk Mon 20 May 2013, 19:50
Business & Markets 2013
Written by Kamarul Anwar of theedgemalaysia.com
Monday, 20 May 2013 18:48
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KUALA LUMPUR (May 20): DAYA MATERIALS BHD []’s net profit for
the first quarter grew by 71% from a year earlier with a surge in
revenue contribution from its oil and gas (O&G) and technical services
segments.
In a filing with Bursa Malaysia, the company reported net profit for its
first quarter ended March 31, 2013 (1QFY13) came to RM5.03 million
with revenue at RM100.15 million.
In the previous corresponding quarter, Daya Materials’ net profit was
RM2.94 million on revenue of RM30.34 million.
“The board is of the view that the group's operational results for the
financial year ending 2013 will be satisfactory, barring any unforeseen
circumstances,” Daya Materials said.
Daya Materials was the second most-traded stock in the exchange
today with 112.07 million shares traded. The counter closed two sen or
8.16% higher at 26.5 sen.
Written by Kamarul Anwar of theedgemalaysia.com
Monday, 20 May 2013 18:48
A + / A - / Reset
KUALA LUMPUR (May 20): DAYA MATERIALS BHD []’s net profit for
the first quarter grew by 71% from a year earlier with a surge in
revenue contribution from its oil and gas (O&G) and technical services
segments.
In a filing with Bursa Malaysia, the company reported net profit for its
first quarter ended March 31, 2013 (1QFY13) came to RM5.03 million
with revenue at RM100.15 million.
In the previous corresponding quarter, Daya Materials’ net profit was
RM2.94 million on revenue of RM30.34 million.
“The board is of the view that the group's operational results for the
financial year ending 2013 will be satisfactory, barring any unforeseen
circumstances,” Daya Materials said.
Daya Materials was the second most-traded stock in the exchange
today with 112.07 million shares traded. The counter closed two sen or
8.16% higher at 26.5 sen.
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