Bursa Alert
Global Market
NewsKwantas 1Q net profit rises 28% yoy to RM11.8m
Page 1 of 1
Kwantas 1Q net profit rises 28% yoy to RM11.8m
by Cals Thu 28 Nov 2013, 18:39
| Kwantas 1Q net profit rises 28% yoy to RM11.8m |
| Business & Markets 2013 |
| Written by Jonathan Gan of theedgemalaysia.com |
| Thursday, 28 November 2013 18:08 |
The increase in profit was attributed to lower finance costs and lower expenses for the quarter, the group said in its filing to Bursa Malaysia.
Revenue for the quarter under review remained flat at RM357.3 million from RM355.5 million in a similar quarter a year ago.
“The board of directors is cautiously optimistic that the prospects for the oil palm industry remain bright in the light of other various bullish demand factors while the group is also actively exploring expansion opportunities by increasing its planting acreage in Malaysia” it said.
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» ECS ICT Q1 pre-tax profit rises to RM11.3m
» Deleum Q2 pre-tax profit rises to RM11.7m
» Tambun Indah 1Q profit rises 28% to RM11.73 million
» TA retains 'sell' on Kwantas despite 3Q profit jump
» Hot Stock Eco World rises on Liew Kee Sin's RM11.8b JV with Ballymore
» Deleum Q2 pre-tax profit rises to RM11.7m
» Tambun Indah 1Q profit rises 28% to RM11.73 million
» TA retains 'sell' on Kwantas despite 3Q profit jump
» Hot Stock Eco World rises on Liew Kee Sin's RM11.8b JV with Ballymore
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|