Bursa Alert
Global Market
NewsHunza suffers fall in Q4 pre-tax profit
Page 1 of 1
Hunza suffers fall in Q4 pre-tax profit
by hlk Thu 25 Aug 2011, 18:14
Hunza Properties Bhd's pre-tax profit for the fourth quarter ended June 30, 2011 fell to RM10.94 million from RM20.26 million in the same period last year.
Its revenue declined to RM46.79 million from RM73.39 million previously, driven by lower sales and sales mix of the group, it said in a filing to Bursa Malaysia today.
Hunza said the decrease was also due to the write-off of RM4.8 million from civil suit between Hunza Parade Development Sdn Bhd and The Kwangtung and Tengchow Association Penang. Hunza said it was confident of continuing to record a decent performance in the current year. -- Bernama
Its revenue declined to RM46.79 million from RM73.39 million previously, driven by lower sales and sales mix of the group, it said in a filing to Bursa Malaysia today.
Hunza said the decrease was also due to the write-off of RM4.8 million from civil suit between Hunza Parade Development Sdn Bhd and The Kwangtung and Tengchow Association Penang. Hunza said it was confident of continuing to record a decent performance in the current year. -- Bernama
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» ECS ICT slides after Q2 profit fall
» KKB Engr slides on Q2 profit fall
» YNH 4Q net profit fall to RM7.17 million, to pay 2 sen dividend
» Hwang-DBS records 39% fall in 2Q net profit
» Telco stocks fall as investors take profit
» KKB Engr slides on Q2 profit fall
» YNH 4Q net profit fall to RM7.17 million, to pay 2 sen dividend
» Hwang-DBS records 39% fall in 2Q net profit
» Telco stocks fall as investors take profit
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum