Bursa Alert
Global Market
NewsBright Packaging 3Q profit falls 19.8% yoy
Page 1 of 1
Bright Packaging 3Q profit falls 19.8% yoy
by Cals Thu 18 Jul 2013, 00:19
Bright Packaging 3Q profit falls 19.8% yoy
Business & Markets 2013
Written by Jason Tan of theedgemalaysia.com
Wednesday, 17 July 2013 19:19
KUALA LUMPUR (July 17): BRIGHT PACKAGING INDUSTRY BHD [] posted a decline in net profit to RM733,000 for the third quarter to end-May, down 19.8% year-on-year.
Earnings per share declined to 1.69 sen from 2.11 sen in the same period of the last financial year.
In a filing to Bursa Malaysia, the company said its third quarter revenue was RM11.15 million, down 20.4% y-o-y.
“The lower turnover was due to reduced orders from overseas tobacco manufacturer,” said the company when reviewing its results.
For the nine months to May 2013, Bright Packaging generated revenue of RM31.39 million, a decline of 26.3% from the same period in the last financial year.
However, its net profit soared 76.3% to RM4 million for same nine months.
Business & Markets 2013
Written by Jason Tan of theedgemalaysia.com
Wednesday, 17 July 2013 19:19
KUALA LUMPUR (July 17): BRIGHT PACKAGING INDUSTRY BHD [] posted a decline in net profit to RM733,000 for the third quarter to end-May, down 19.8% year-on-year.
Earnings per share declined to 1.69 sen from 2.11 sen in the same period of the last financial year.
In a filing to Bursa Malaysia, the company said its third quarter revenue was RM11.15 million, down 20.4% y-o-y.
“The lower turnover was due to reduced orders from overseas tobacco manufacturer,” said the company when reviewing its results.
For the nine months to May 2013, Bright Packaging generated revenue of RM31.39 million, a decline of 26.3% from the same period in the last financial year.
However, its net profit soared 76.3% to RM4 million for same nine months.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Bright Packaging Industry 3Q profit up 10.2%
» Bright Packaging into the red in 4Q
» MGO for Bright Packaging unlikely
» Yap is back as Bright Packaging exec director
» Wong ups stake in Bright Packaging to 23.56 percent
» Bright Packaging into the red in 4Q
» MGO for Bright Packaging unlikely
» Yap is back as Bright Packaging exec director
» Wong ups stake in Bright Packaging to 23.56 percent
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum