Bursa Alert
Global Market
NewsFibon 2Q earnings up 17.9% to RM1.29m on higher revenue
Page 1 of 1
Fibon 2Q earnings up 17.9% to RM1.29m on higher revenue
by hlk Wed 01 Feb 2012, 14:01
KUALA LUMPUR (Jan 30); Fibon Bhd net profit for the second quarter
ended Nov 30, 2011 rose 17.9% to RM1.29 million, due mainly to higher
revenue generated.
The company said on Tuesday that its revenue for the quarter surged
82.7% to RM5.49 million from RM3.01 million in 2010.
Earnings per share was 1.32 sen compared to 1.12 sen a year earlier,
while net assets per share was 27 sen.
For the six months ended Nov 30, Fibon’s net profit fell 14.6% to
RM2.23 million from RM2.6 million despite posting a 20.04% increase in
revenue to RM9.13 million from RM7.07 million.
Reviewing its performance, Fibon said the higher revenue for the quarter was due to increase in both manufacturing and
trading sales.
On its outlook, Fibon said despite facing various general economic challenges, the company was of the opinion that its
performance for the financial year ending May 31, 2012 would not be severely affected.
ended Nov 30, 2011 rose 17.9% to RM1.29 million, due mainly to higher
revenue generated.
The company said on Tuesday that its revenue for the quarter surged
82.7% to RM5.49 million from RM3.01 million in 2010.
Earnings per share was 1.32 sen compared to 1.12 sen a year earlier,
while net assets per share was 27 sen.
For the six months ended Nov 30, Fibon’s net profit fell 14.6% to
RM2.23 million from RM2.6 million despite posting a 20.04% increase in
revenue to RM9.13 million from RM7.07 million.
Reviewing its performance, Fibon said the higher revenue for the quarter was due to increase in both manufacturing and
trading sales.
On its outlook, Fibon said despite facing various general economic challenges, the company was of the opinion that its
performance for the financial year ending May 31, 2012 would not be severely affected.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Highlight Petra Energy's 2Q earnings up 84.5% on higher revenue, lower finance costs
» Earnings Tracker Earnings inch higher, led by slight upward revisions by banking and utility
» Carlsberg Q1 earnings, revenue up on CNY campaign
» Boilermech 3Q profit up 58.68% yoy on higher revenue
» Jobstreet chalks up higher revenue in H1
» Earnings Tracker Earnings inch higher, led by slight upward revisions by banking and utility
» Carlsberg Q1 earnings, revenue up on CNY campaign
» Boilermech 3Q profit up 58.68% yoy on higher revenue
» Jobstreet chalks up higher revenue in H1
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum