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Icapital 3Q profit up by 3-folds but NAV flat

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Icapital 3Q profit up by 3-folds but NAV flat Empty Icapital 3Q profit up by 3-folds but NAV flat

Post by Cals Wed 16 Apr 2014, 00:33

Icapital 3Q profit up by 3-folds but NAV flat
Business & Markets 2014
Written by Ho Wah Foon of theedgemalaysia.com   
Tuesday, 15 April 2014 19:12

KUALA LUMPUR (April 15): icapital.biz Bhd said it posted a net profit of RM20.18 million for third quarter to end-February 2014, up by nearly three folds from RM5.24 million a year ago.

For the cumulative three quarters to end-February, total profit stood at RM27.04 million compared with RM9.69 million in similar period the previous year.

The closed-end fund said its net assets value (NAV) per share was RM2.98 as at end-February 2014, lower than RM2.99 at end-February 2013.
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