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Eversendai Q1 earnings slip 13.1% to RM23.68m on timing differences

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Eversendai Q1 earnings slip 13.1% to RM23.68m on timing differences Empty Eversendai Q1 earnings slip 13.1% to RM23.68m on timing differences

Post by hlk Wed 22 May 2013, 01:23

KUALA LUMPUR: Eversendai Corporation Bhd's
earnings fell 13.1% to RM23.68mil in the first quarter ended March 31,
2013 from RM27.25mil a year ago mainly due to timing differences.
The
structural steel turnkey and power plant contractor said on Tuesday
that revenue fell 2.3% to RM243.18mil from RM248.96mil a year ago. Its
earnings per share were 3.06 sen compared with 3.52 sen.
Eversendai executive chairman and group managing director Datuk A.K. Nathan
said the group's order book was RM1.5bil, including the recently
secured Abu Dhabi International Airport project and the Crescent City
project in Azerbaijan.
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