Bursa Malaysia Stock Watch
Kulim 2Q net profit halved on higher taxes
kltrader
Publish date: Mon, 30 Aug 2010, 05:03 PM
kltrader
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KUALA LUMPUR: Kulim (Malaysia) Bhd?s profit attributable to equity holders of the parent company fell 52% to RM14.6 million from RM30.89 million a year ago as it was impacted by higher taxes though it posted stronger operating profit.
It said on Monday, Aug 30 revenue was up 12.5% at RM1.673 billion from RM1.487 billion. Operating profit was RM123.05 million compared with RM99.55 million while profit was RM83.26 million versus RM73.50 million.
Earnings per share were 4.69 sen compared with 10.01 sen. Its net asset per share was RM10.69 sen versus RM10.58.
It said on Monday, Aug 30 revenue was up 12.5% at RM1.673 billion from RM1.487 billion. Operating profit was RM123.05 million compared with RM99.55 million while profit was RM83.26 million versus RM73.50 million.
Earnings per share were 4.69 sen compared with 10.01 sen. Its net asset per share was RM10.69 sen versus RM10.58.
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