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Berjaya Assets advances on strong 4Q results
by hlk Wed 10 Aug 2011, 11:48
KUALA LUMPUR: Berjaya Assets Bhd shares rose on Wednesday, Aug 10 after the company posted net profit RM198.04 million in the fourth quarter ended June 30, 2011, due mainly to a favourable fair value adjustment of investment PROPERTIES [] totaling RM243.6 million.
At 9.28am, Berjaya Assets added 4.5 sen to 85 sen with 166,100 shares done.
The company yesterday proposed a final gross dividend of four sen per share.
For FY ended June 30, Berjaya Assets posted net profit RM288.02 million compared to RM235.67 million a year earlier, on the back of revenue RM353.99 million.
At 9.28am, Berjaya Assets added 4.5 sen to 85 sen with 166,100 shares done.
The company yesterday proposed a final gross dividend of four sen per share.
For FY ended June 30, Berjaya Assets posted net profit RM288.02 million compared to RM235.67 million a year earlier, on the back of revenue RM353.99 million.
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