Bursa Alert
Global Market
NewsQL's 2Q profit rises 15% yoy to RM42m
Page 1 of 1
QL's 2Q profit rises 15% yoy to RM42m
by Cals Fri 22 Nov 2013, 22:50
| QL's 2Q profit rises 15% yoy to RM42m |
| Business & Markets 2013 |
| Written by Jeffrey Tan of theedgemalaysia.com |
| Friday, 22 November 2013 18:46 |
Revenue also rose 10% y-o-y to RM605 million.
In a filing to Bursa Malaysia, the marine-products manufacturer, which also undertakes poultry farming and oil palm plantation operations, said the larger profit was due to profit increases in most of its segments.
QL said the better revenue was due to overall higher contribution from all its segments.
For the half-year period to September, profit chalked up RM77 million from RM68 million a year earlier, while revenue registered RM1.185 billion versus RM1.047 billion in the previous corresponding quarter.
QL said the larger profit and revenue were due to the above-mentioned reasons.
“Our management expects the integrated livestock activities contribution to continue to improve against 2Q,” said QL.
“We also expect our fishery operations to be satisfactory but we expect our palm oil activities segment to improve marginally in 3Q.”
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» 8621 LPI Capital 1Q net profit rises 34% to RM42m
» Highlight Top Glove 2Q profit falls 17% to RM42m, revenue lower at RM548m
» Pos Malaysia 4Q profit rises 60% y-o-y, full-year profit higher at RM159m
» KPS Q2 pre-tax profit rises to RM4.6m
» Pos M’sia Q4 profit rises
» Highlight Top Glove 2Q profit falls 17% to RM42m, revenue lower at RM548m
» Pos Malaysia 4Q profit rises 60% y-o-y, full-year profit higher at RM159m
» KPS Q2 pre-tax profit rises to RM4.6m
» Pos M’sia Q4 profit rises
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|