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Daibochi 4Q net profit up 17%, declares 4 sen dividend

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Daibochi 4Q net profit up 17%, declares 4 sen dividend Empty Daibochi 4Q net profit up 17%, declares 4 sen dividend

Post by Cals Fri 21 Feb 2014, 01:39

Daibochi 4Q net profit up 17%, declares 4 sen dividend
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com
Thursday, 20 February 2014 18:18

KUALA LUMPUR (Feb 20): Daibochi Plastic and Packaging Industry Bhd’s net profit rose 17% to RM7.30 million in 4QFY13, from RM6.26 million in 4QFY12.

Revenue for the quarter increased 9% to RM80.64 million from RM73.76 million in the same quarter last year.

For the 12 months ended 31 Dec 2013, net profit jumped to RM27.83 million from RM24.64 million.

Full-year revenue was RM310.78 million, up from RM278.75 million the previous year.

The company declared a 4 sen dividend per share, payable on 28 March 2014.
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