Gamuda 2Q net profit up 19.6% to RM94m
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Gamuda 2Q net profit up 19.6% to RM94m
KUALA LUMPUR: GAMUDA BHD []
net profit for the second quarter ended Jan 31, 2011 rose 19.6% to
RM94.03 million from RM78.63 million a year earlier, mainly due to
higher contributions from all its divisions.
Revenue for the quarter increased to RM607.19 million from RM603.24
million. Earnings per share was 4.59 sen, while net assets per share was
RM1.74.
For the six months ended Jan 31, Gamuda’s net profit rose to RM182.56 million from RM152.66 million in 2010.
Commenting on its prospects, Gamuda said that with the existing CONSTRUCTION []
projects progressing on schedule and the strong performance of the
property division, its results were expected to further improve in the
remaining quarters of the current financial year.
(TheEdge)
net profit for the second quarter ended Jan 31, 2011 rose 19.6% to
RM94.03 million from RM78.63 million a year earlier, mainly due to
higher contributions from all its divisions.
Revenue for the quarter increased to RM607.19 million from RM603.24
million. Earnings per share was 4.59 sen, while net assets per share was
RM1.74.
For the six months ended Jan 31, Gamuda’s net profit rose to RM182.56 million from RM152.66 million in 2010.
Commenting on its prospects, Gamuda said that with the existing CONSTRUCTION []
projects progressing on schedule and the strong performance of the
property division, its results were expected to further improve in the
remaining quarters of the current financial year.
(TheEdge)
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