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NewsPantech 4Q net profit rise 7% to RM14.6 million
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Pantech 4Q net profit rise 7% to RM14.6 million
by Cals Fri 25 Apr 2014, 02:15
| Pantech 4Q net profit rise 7% to RM14.6 million |
| Business & Markets 2014 |
| Written by Jonathan Gan of theedgemalaysia.com |
| Thursday, 24 April 2014 18:17 |
KUALA LUMPUR (Apr 24): Pantech Group Holdings Bhd net profit for the fourth financial quarter ended February 28th, 2014 rose 7% to RM 14.6 million from RM13.7 million in a similar quarter a year ago.
Revenue for the quarter fell to RM127.8 million from RM154.8 million a year ago.
Net profit for the full year fell to RM55.8 million from RM56.1 million last year.
Similarly, cumulative revenue for the full year slipped to RM574.9 million from RM 635.7 million last year.
The company also announced a final single-tier dividend of 1 sen
The dividend will be subject to shareholders approval at a forthcoming annual general meeting.
The entitlement date and date of payment of the dividend have yet to be determined.
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