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Nextnation 2Q profit falls to RM1.37 million

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Nextnation 2Q profit falls to RM1.37 million Empty Nextnation 2Q profit falls to RM1.37 million

Post by Cals Thu 26 Dec 2013, 21:55

Nextnation 2Q profit falls to RM1.37 million
Business & Markets 2013
Written by Jonathan Gan at theedgemalaysia.com   
Thursday, 26 December 2013 18:49

KUALA LUMPUR (Dec 26): Nextnation Communication Berhad net profits for the 2nd quarter ended 31st October 2013 fell to RM1.37 million from RM1.44 million in the same quarter a year ago.

But cumulative profits for the 6 months rose to RM2.9 million from RM2.7 million a year ago.

Revenue for the quarter rose to RM27 million from RM 17.5 million a year ago

Cumulative revenue for the 6 months rose to RM52 million from RM34.1 million.

“The group’s revenue increased by 52.3% mainly due to the drastic increase in sales of the Group’s products and services,” it said in the filing of its financial results to Bursa Malaysia.
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