PJ Development 3Q net profit rises to RM20.55m, declares 2.5 sen/share dividend
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PJ Development 3Q net profit rises to RM20.55m, declares 2.5 sen/share dividend
PJ Development 3Q net profit rises to RM20.55m, declares 2.5 sen/share dividend |
Business & Markets 2014 |
Written by Ho Wah Foon of theedgemalaysia.com |
Monday, 26 May 2014 20:34 KUALA LUMPUR (May 26): PJ Development Holdings Bhd said its net profit for third quarter to March 31 this year rose to RM20.55 million, from RM15.95 million a year ago. Revenue for the quarter rose to RM227.74 million from RM202.31 million. The property company declared a single tier interim dividend of 2.5% per share, which will be payable on June 25, 2014. For the nine months to March 31, its net profits totalled RM75.89 million, compared to the previous nine months’ RM39.84 million. Revenue also jumped to RM705.50 million, from RM592.56 million. The company said it is “positive” that it will continue to deliver stronger result with major contribution from the properties division. “The group’s continued focus on its core competencies and established track record would ensure that it continues to deliver better results in the current financial year.” |
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