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Huat Lai posts lower Q3 pre-tax profit
by hlk Fri 25 Nov 2011, 21:27
Huat Lai Resources Bhd's pre-tax profit for the third quarter ended Sept 30, 2011 fell to RM15.11 million from RM21.70 million in the same quarter of 2010. Revenue, however, rose to RM171.28 million from RM164.07 million previously, it said in a filing to Bursa Malaysia today.
For the nine months ended Sept 30, 2011, its pre-tax profit rose to RM43.67
million from RM23.68 million in the same period last year. Revenue strengthened to RM502.14 million from RM450.53 million previously.
Huat Lai Resources expected the prospect of the group to remain positive due
to the underlying strong demand for poultry products. -- Bernama
For the nine months ended Sept 30, 2011, its pre-tax profit rose to RM43.67
million from RM23.68 million in the same period last year. Revenue strengthened to RM502.14 million from RM450.53 million previously.
Huat Lai Resources expected the prospect of the group to remain positive due
to the underlying strong demand for poultry products. -- Bernama
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