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NewsAmcorp Properties pre-tax profit up to RM153.73 mln in FY14
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Amcorp Properties pre-tax profit up to RM153.73 mln in FY14
by Cals Fri 23 May 2014, 00:23
| Amcorp Properties pre-tax profit up to RM153.73 mln in FY14 |
| Business & Markets 2014 |
| Written by Bernama |
| Thursday, 22 May 2014 20:32 KUALA LUMPUR (May 22): Amcorp Properties Bhd's pre-tax profit for the financial year ended March 31, 2014 (FY14) rose to RM153.73 million, from RM95.90 million a year ago. Its revenue however, declined to RM170.19 million, from RM174.05 million previously, while basic earnings per share rose to 29.69 sen, from 16.89 sen. The improvement in pre-tax profit was derived from gain on disposal of its stake in Kesas and its property projects both in Malaysia and London, the company said in a filing to Bursa Malaysia today. Barring any unforeseen circumstances, the board is optimistic that the group's operations will be profitable for the current financial year. |
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