Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Bursa Community

Bursa Malaysia Stock Forum - Enriching You!


Yinson’s net profit up 82% y-o-y in 3Q

Bursa Community :: Community News

Go down

Yinson’s net profit up 82% y-o-y in 3Q Empty Yinson’s net profit up 82% y-o-y in 3Q

Post by Cals Mon 30 Dec 2013, 21:26

Yinson’s net profit up 82% y-o-y in 3Q
Business & Markets 2013
Written by Jonathan Gan at theedgemalaysia.com   
Monday, 30 December 2013 18:57

KUALA LUMPUR (Dec 30): Yinson Holdings Berhad’s net profit for its third financial quarter ended 31 October 2013 rose 82.25% to RM15.5 million from RM8.5 million in a similar quarter a year ago.

Revenue for the quarter rose to RM236.8 million from RM192.6 million.

In its filing of financial results to Bursa Malaysia, the company attributed its profit for this quarter to increased contributions from its marine segment, joint venture company and other operations.

Cumulative profits for the 9 months to Oct 2013 rose to RM41.2 million from RM29.1 million a year ago.

Cumulative revenue for the 9 months to Oct 2013 remained flat at RM692.4 million.

“Going forward, emerging signs of a recovery in the major advanced economies are expected to provide some support to overall global growth which will support growth in the Malaysian economy,” said the company. 
Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male 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 I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

Bursa Community :: Community News

 
Permissions in this forum:
You cannot reply to topics in this forum