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Guinness Anchor proposes 44c dividend
by hlk Thu 04 Aug 2011, 19:11
KUALA LUMPUR: GUINNESS ANCHOR BHD [] (GAB) rewarded shareholders with a single tier dividend of 44 sen per share for the financial year ended June 30, 2011 (FY June 2011) compared with 35 sen a year ago.
It said on Thursday, Aug 4 that net profit fell 18% to RM29.08 million from RM35.48 million a year ago, mainly due to provisions made for its market restructuring.
Revenue increased by 13% to RM348.76 million from RM308.71 million mainly due to price, sales mix and an increase in activities in the fourth quarter. Earnings per share were 9.63 sen compared with 11.74 sen.
It said on Thursday, Aug 4 that net profit fell 18% to RM29.08 million from RM35.48 million a year ago, mainly due to provisions made for its market restructuring.
Revenue increased by 13% to RM348.76 million from RM308.71 million mainly due to price, sales mix and an increase in activities in the fourth quarter. Earnings per share were 9.63 sen compared with 11.74 sen.
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