Bursa Alert
Global Market
NewsCentury Logistics posts lower Q1 net profit
Page 1 of 1
Century Logistics posts lower Q1 net profit
by hlk Fri 11 May 2012, 00:32
Century Logistics Holdings Bhd recorded a net profit of RM4.3 million, or earnings per share (EPS) of 5.3 sen, in the
first quarter (Q1) ended March 31, 2012, down from RM6.4 million, or EPS of 8.2 sen, in the same period a year ago.
Revenue slipped marginally to RM65.3 million in Q1 2012 from RM66.8 million previously.
In a statement here today, the company said 87 per cent of total revenue in the period reviewed was derived from total logistics services while procurement logistics services contributed the balance.
When compared with the same quarter in 2011, profitability for Q1 2012 declined due mainly to the start-up losses from the operation of the company's inaugural double hull product tanker. -- Bernama
first quarter (Q1) ended March 31, 2012, down from RM6.4 million, or EPS of 8.2 sen, in the same period a year ago.
Revenue slipped marginally to RM65.3 million in Q1 2012 from RM66.8 million previously.
In a statement here today, the company said 87 per cent of total revenue in the period reviewed was derived from total logistics services while procurement logistics services contributed the balance.
When compared with the same quarter in 2011, profitability for Q1 2012 declined due mainly to the start-up losses from the operation of the company's inaugural double hull product tanker. -- Bernama
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Century Logistics 2Q net profit up 15% to RM8.68m, declares 5c dividend
» Century Software posts net profit RM925k in 2Q
» JCY posts lower pre-tax profit
» Maybulk posts lower profit
» CSC Steel posts lower Q1 pre-tax profit
» Century Software posts net profit RM925k in 2Q
» JCY posts lower pre-tax profit
» Maybulk posts lower profit
» CSC Steel posts lower Q1 pre-tax profit
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum