KAF-Seagroatt & Campbell Berhad Company
Business Description:
KAF-Seagroatt & Campbell Berhad. The Group's principal activity is providing stockbroking and related services, such as nominee services, safe custody and management of securities. It also operates as an investment holding company. Operations are carried out in Malaysia.
Wright Quality Rating: LLL0 Rating ExplanationsA quick look at KAF (21.4.2010)http://spreadsheets.google.com/pub?key=tt-FqSCZJ3t_dmBwyJhwEwQ&output=html
KAF-Seagroatt posts RM2.39m net profit in 3Q10
Written by Melody Song
Tuesday, 20 April 2010 21:20
KUALA LUMPUR: KAF-SEAGROATT & CAMPBELL BHD [] saw net profit for the third quarter ended Feb 28, 2010 rise to RM2.39 million from a net loss of RM37,000 a year earlier.
Revenue for the quarter was up 123.2% to RM6.63 million from RM2.97 million previously, while earnings per share was 1.99 sen from loss per share of 0.03 sen.
The company, which is principally involved in stockbroking and related services in Malaysia, did not disclose reasons for its performance other than saying its results were dependent on the performance of the local securities market.
For the nine-month period, net profit was RM15.95 million from net loss of RM15.09 million a year earlier while revenue was 80.5% higher at RM23.38 million from RM12.95 million.
Cumulative earnings per share was 13.29 sen from loss per share of 12.58 sen. It proposed an interim dividend of 7.50 sen gross for the current financial year to be paid on May 19.
(The Edge)
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