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MKH's Q3 pre-tax profit increases to RM44.26 mln

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MKH's Q3 pre-tax profit increases to RM44.26 mln Empty MKH's Q3 pre-tax profit increases to RM44.26 mln

Post by Cals Thu 29 Aug 2013, 00:57

MKH's Q3 pre-tax profit increases to RM44.26 mln
Business & Markets 2013
Written by Bernama
Wednesday, 28 August 2013 19:18

KUALA LUMPUR (Aug 28): MKH Bhd's pre-tax profit for the third quarter ended June 30, 2013 rose to RM44.26 million, from RM20.01 million in the same quarter last year.

Revenue increased to RM185.37 million, from RM138.96 million previously.

In a statement to Bursa Malaysia today, MKH Executive Chairman, Tan Sri Alex Chen Kooi Chiew, said the group achieved a good set of results and was on track to deliver growth for the full financial year 2013.

Chen said the company was encouraged by the strong response to its new project launches.

"This has resulted in unbilled sales reaching a high of RM518.5 million, as at June 30, 2013.

"It reflects our new strategic direction — moving stronger into the journey of innovation, concept and quality products," he said.

Going forward, MKH said the group would strive to achieve an even contribution between its two core businesses of property and oil palm PLANTATION [].
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