Century Logistics 2Q net profit up 15% to RM8.68m, declares 5c dividend

KUALA LUMPUR: CENTURY LOGISTICS HOLDINGS BHD [] (Century) net profit for the second quarter ended June 30, 2011 rose 15.7% to RM8.68 million from RM7.50 million a year earlier, mainly due to increased business activities from new contract logistics customers.

It said on Tuesday, Aug 16 that its revenue for the quarter dipped to RM74.25 million from RM75.31 million in 2010 due to lower export shipments in the procurement logistics activities.

Earnings per share was 10.98 sen while net assets per share was RM2.36.

Century declared a single tier interim dividend of 5 sen per share in respect of the financial year ending Dec 31, 2011.

Reviewing its performance, Century said the group recorded its best ever quarterly performance to-date, having surpassed the RM10 million pre-tax profit mark during the current financial quarter ended June 30, 2011.

“Nevertheless, the group takes cognizance of the current uncertain global economic environment and will ensure that it takes the necessary measures to remain resilient, including focusing on providing value-added logistics solutions as well as maintaining cost efficiencies.

“Having assessed the current operating environment, the group remains confident of its business model and is on track to improve further during the current financial year,” it said.

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the first ever stock i buy

89ct 50lot......sell 1.1 total profit 1k leh [You must be registered and logged in to see this image.]

phoenix wrote:this one brings back memories haha

the first ever stock i buy

89ct 50lot......sell 1.1 total profit 1k leh [You must be registered and logged in to see this image.]

tmr sapu some ?

hlk wrote:

phoenix wrote:this one brings back memories haha

the first ever stock i buy

89ct 50lot......sell 1.1 total profit 1k leh [You must be registered and logged in to see this image.]

tmr sapu some ?

[You must be registered and logged in to see this image.]

for old time sake hor [You must be registered and logged in to see this image.]

tht time dunno how a stock move up n down leh....i even ask my fren what are the number beside the price [You must be registered and logged in to see this image.]

phoenix wrote:

hlk wrote:

phoenix wrote:this one brings back memories haha

the first ever stock i buy

89ct 50lot......sell 1.1 total profit 1k leh [You must be registered and logged in to see this image.]

tmr sapu some ?

[You must be registered and logged in to see this image.]

for old time sake hor [You must be registered and logged in to see this image.]

tht time dunno how a stock move up n down leh....i even ask my fren what are the number beside the price [You must be registered and logged in to see this image.]

if d prc went up 1-3sen i often exclaimed wah fly loh ...
my fren : where ? aiyo, fly means up 10-20sen leh ...

hlk wrote:

phoenix wrote:

hlk wrote:

phoenix wrote:this one brings back memories haha

the first ever stock i buy

89ct 50lot......sell 1.1 total profit 1k leh [You must be registered and logged in to see this image.]

tmr sapu some ?

[You must be registered and logged in to see this image.]

for old time sake hor [You must be registered and logged in to see this image.]

tht time dunno how a stock move up n down leh....i even ask my fren what are the number beside the price [You must be registered and logged in to see this image.]

if d prc went up 1-3sen i often exclaimed wah fly loh ... [You must be registered and logged in to see this image.]
my fren : where ? aiyo, fly means up 10-20sen leh ... [You must be registered and logged in to see this image.]

no wander u said miss alot boat

for me im like ur fren leh [You must be registered and logged in to see this image.]

this stock dissapointing