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!


Heveaboard 1Q net profits up 135% yoy at RM7.24 million

Bursa Community :: Community News

Go down

Heveaboard 1Q net profits up 135% yoy at RM7.24 million Empty Heveaboard 1Q net profits up 135% yoy at RM7.24 million

Post by Cals Fri 23 May 2014, 00:18

Heveaboard 1Q net profits up 135% yoy at RM7.24 million
Business & Markets 2014
Written by Jonathan Gan of theedgemalaysia.com   
Thursday, 22 May 2014 17:54

KUALA LUMPUR (May 22): Heveaboard Bhd's net profit for the first financial quarter ended March 31,2014, rose 135% to RM7.24 million from RM3.08 million in similar quarter a year ago.

Revenue for the quarter rose to RM104.69 million from RM103.58 million a year ago.

The company attributed its increased profits to better cost control and marketing strategies in promoting higher value products. It added that further automation in production processes and favourable exchange rates had also contributed positively to the overall performance.

On prospects, the company said that it was in a position to meet and deal with the global uncertainties and challenges ahead.
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