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NewsKPS Consortium Q2 net profit falls 26.7% y/y to RM2.42 million
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KPS Consortium Q2 net profit falls 26.7% y/y to RM2.42 million
by Cals Tue 26 Aug 2014, 09:34
| KPS Consortium Q2 net profit falls 26.7% y/y to RM2.42 million |
| Business & Markets 2014 |
| Written by Jonathan Gan of theedgemalaysia.com |
| Monday, 25 August 2014 15:55 KUALA LUMPUR (Aug 25): KPS Consortium Bhd's net profit for the second quarter ended June 30, 2014, fell 26.7% to RM 2.42 million from RM3.31 million a year ago. Revenue for the quarter rose 5.1% to RM124.98 million from RM118.93 million a year ago. The company attributed its higher quarterly revenue to higher demand from customers, but did not state any reason for the fall in net profit. Its basic earnings per share fell to 1.64 sen from 2.24 sen. Meanwhile, net profit for the six months ended June 30, 2014, fell 46% to RM 4.15 million from RM 7.69 million a year ago. Cumulative revenue for the six months period was RM 229.2 million, down 7.5% from RM247.84 million a year ago. |
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