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Gas M’sia 2Q profit up 10% yoy, to pay 6 sen dividend

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Gas M’sia 2Q profit up 10% yoy, to pay 6 sen dividend Empty Gas M’sia 2Q profit up 10% yoy, to pay 6 sen dividend

Post by Cals Thu 01 Aug 2013, 18:25

Gas M’sia 2Q profit up 10% yoy, to pay 6 sen dividend
Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Thursday, 01 August 2013 17:57

KUALA LUMPUR (Aug 1): Gas Malaysia Bhd posted a 10.11% year-on-year rise in net profit to RM44.96 million for the second quarter of 2013.

Its revenue rose by 13.26% year-on-year to RM593.84 million.

The company declared a tax-exempt interim dividend of 6 sen, higher than 5 sen a year ago.

Gas Malaysia said both the profit and revenue rose because of higher sales in gas.

For the six months to June 2013, net profit posted totalled RM85.11 million compared to RM75.37 million in the first half of 2012.

The group’s revenue was RM1,129 million compared to RM1,031 million in the corresponding period in 2012.
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