Bursa Alert
Global Market
NewsGeorge Kent’s 2Q profit down slightly
Page 1 of 1
George Kent’s 2Q profit down slightly
by Cals Wed 25 Sep 2013, 00:43
George Kent’s 2Q profit down slightly
Business & Markets 2013
Written by Cynthia Blemin of theedgemalaysia.com
Tuesday, 24 September 2013 19:09
KUALA LUMPUR (Sept 24): GEORGE KENT (M) BHD [] posted slightly lower net profit of RM5.11 million for the second quarter ended July 31, 2013, as compared to RM5.79 million in the previous corresponding period.
Revenue for the second quarter increased by 46% to RM82.95 million from RM56.78 million previously, it said in a filing on Bursa today.
The board declared an interim dividend of 2 sen less 25% tax per share.
The company said although it achieved higher CONSTRUCTION [] revenue, the overall gross margin was lower due mainly to lower manufacturing revenue and lower construction margin.
It said the Ampang LRT extension project is expected to contribute positively to its earnings.
It said it is optimistic of its prospects for the current financial year ending January 31, 2014.
Business & Markets 2013
Written by Cynthia Blemin of theedgemalaysia.com
Tuesday, 24 September 2013 19:09
KUALA LUMPUR (Sept 24): GEORGE KENT (M) BHD [] posted slightly lower net profit of RM5.11 million for the second quarter ended July 31, 2013, as compared to RM5.79 million in the previous corresponding period.
Revenue for the second quarter increased by 46% to RM82.95 million from RM56.78 million previously, it said in a filing on Bursa today.
The board declared an interim dividend of 2 sen less 25% tax per share.
The company said although it achieved higher CONSTRUCTION [] revenue, the overall gross margin was lower due mainly to lower manufacturing revenue and lower construction margin.
It said the Ampang LRT extension project is expected to contribute positively to its earnings.
It said it is optimistic of its prospects for the current financial year ending January 31, 2014.
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» George Kent 3Q net profit up 2.26% to RM7.23 mil
» George Kent Bhd 3Q profit up 54% to RM7mil
» George Kent posts lower Q3 pre-tax profit
» George Kent targets to double profit every 3 yrs
» George Kent's 4Q profit more than doubles to RM19.9m
» George Kent Bhd 3Q profit up 54% to RM7mil
» George Kent posts lower Q3 pre-tax profit
» George Kent targets to double profit every 3 yrs
» George Kent's 4Q profit more than doubles to RM19.9m
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|