Hot Stock Hua Yang rises 3.87% on higher 2Q earnings
Page 1 of 1
Hot Stock Hua Yang rises 3.87% on higher 2Q earnings
- Hot Stock
[size=28]Hua Yang rises 3.87% on higher 2Q earnings
By Surin Murugiah / theedgemarkets.com | October 22, 2015 : 9:33 AM MYTKUALA LUMPUR (Oct 22): Shares of Hua Yang Bhd ([You must be registered and logged in to see this image.] Valuation: 3.00, Fundamental: 1.90) rose 3.87% in early trade today after the company’s net profit for the second quarter ended Sept 30, 2015 (2QFY16) grew 10.4% year-on-year to RM28.69 million or 10.87 sen per share, from RM25.98 million or 9.84 sen a year ago, due to better performance from the property development segment.
At 9.13am, Hua Yang rose 7 sen to RM1.88 with 111,700 shares traded.
Revenue for the quarter increased 8% to RM150.62 million, from RM139.49 million in 2QFY15, its filing with Bursa Malaysia revealed today.
For the cumulative six months (6MFY16), its net profit increased 17.4% to RM58.58 million or 22.19 sen per share, versus RM49.92 million or 18.91 sen per share in 6MFY15.
Revenue for the period came in 6.24% higher at RM293.19 million, from RM275.96 million in the previous corresponding period.
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
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 Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Hot Stock DiGi rises 1.4% on stronger 3Q earnings, higher TPs
» Hot Stock RGB rises 3.03% on stronger 4Q earnings
» Hot Stock Dialog rises 3.12% on positive earnings
» Hot Stock George Kent rises 5.47% on better earnings
» Hot Stock Cypark rises 9.5% on strong earnings seen
» Hot Stock RGB rises 3.03% on stronger 4Q earnings
» Hot Stock Dialog rises 3.12% on positive earnings
» Hot Stock George Kent rises 5.47% on better earnings
» Hot Stock Cypark rises 9.5% on strong earnings seen
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum