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MBM 4Q net profit up 10%, announces 3 sen dividend
by Cals Fri 21 Feb 2014, 01:39
MBM 4Q net profit up 10%, announces 3 sen dividend
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com
Thursday, 20 February 2014 18:24
KUALA LUMPUR (Feb 20): MBM Resources Bhd reported net profit of RM33.55 million for the fourth quarter to end-December 2013, up 10% year-on-year (y-o-y) from RM30.50 million.
However, revenue declined slightly by 2% to RM513.64 million from RM524.76 million in the same quarter the previous year.
Cumulative net profit for the year improved slightly to RM138.58 million from RM136.44 million in the previous year, while revenue was flat y-o-y at RM2.267 billion.
The group announced a 3 sen dividend per share, with the entitlement and payment date to be determined in due course.
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com
Thursday, 20 February 2014 18:24
KUALA LUMPUR (Feb 20): MBM Resources Bhd reported net profit of RM33.55 million for the fourth quarter to end-December 2013, up 10% year-on-year (y-o-y) from RM30.50 million.
However, revenue declined slightly by 2% to RM513.64 million from RM524.76 million in the same quarter the previous year.
Cumulative net profit for the year improved slightly to RM138.58 million from RM136.44 million in the previous year, while revenue was flat y-o-y at RM2.267 billion.
The group announced a 3 sen dividend per share, with the entitlement and payment date to be determined in due course.
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