Bursa Malaysia Stock Watch
Axis REIT 3Q net profit surges to RM24.26m
kltrader
Publish date: Wed, 20 Oct 2010, 10:14 PM
kltrader
0 20,639
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.
KUALA LUMPUR: Axis Real Estate Investment Trust (REIT) net profit for the third quarter (3Q) ended Sept 30, 2010 surged to RM24.26 million from RM10.25 million a year ago, on the back of revenue RM22.39 million.
Earnings per share was 7.6 sen, while net assets per share was RM1.89.
For the nine months ended Sept 30, its net profit rose to RM60.41 million from RM33.21 million in 2009.
Commenting on its prospects, Axis REIT said it was optimistic that in view of the current satisfactory performance of its existing investment portfolio and its growth strategy to actively pursue quality acquisitions, it will be able to maintain its current performance for the coming quarter and the rest of the financial year ending Dec 31, 2010.
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
3
save malaysia!
4
5
7
8
AmInvest Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
