Bursa Malaysia Stock Watch

Bintulu Port pretax profit rises to RM45m

kltrader
Publish date: Fri, 27 Aug 2010, 07:58 PM
kltrader
0 20,412
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Bintulu Port Holdings Bhd's pre-tax profit for the second quarter ended June 30, 2010 rose to RM44.97 million from RM26.33 million in the same quarter last year.

Revenue increased to RM107.55 million from RM103.0 million previously.

Pre-tax profit for the first six months increased to RM98.78 million from RM89.74 million previously.

Revenue widened to RM225.41 million from RM218.9 million last year.

In a filing to Bursa Malaysia, the company said, going forward, revenue from the handling of liquefied natural gas, vessel calls and cargoes would continue to be the main contributors to its earnings this year.

'A positive growth is also expected from the bulking services operations and from the handling of cargoes and vessel calls for palm oil, palm kernel, alumina, general cargo and container,' it said.

It said barring any unforeseen circumstances, the board expected the performance of the group for 2010 to be better than 2009. -- BERNAMA
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment