United Malacca posts Q3 pre-tax profit of RM26.7m

United Malacca Bhd has registered a pre-tax profit of RM26.742 million for its third quarter ended Jan 31, 2012, up from RM25.550 million in the corresponding quarter last year.

Revenue for the three months also rose to RM57.422 million from RM47.076
million.

In a filing to Bursa Malaysia today, the company said the uptrend was mainly
due to higher fresh fruit bunch (FFB) production as well as higher investment
income.



"The group's FFB production for the current quarter was 26 per cent higher
than that of the corresponding quarter last year.

"However, due to lower crude palm oil and palm kernel prices by four per
cent and 28 per cent respectively, plantation profit before tax increased
marginally by two per cent to RM23.51 million as compared with RM23.02 million for the corresponding quarter in the preceding year," the company said.

For the nine-month period, United Malacca's pre-tax profit grew to RM94.157
million from RM76.711 million while its revenue increased to RM186.841 million from RM144.250 million. -- Bernama