Bursa Malaysia Stock Watch

Hartalega 2Q net profit up 42% to RM47m

kltrader
Publish date: Tue, 09 Nov 2010, 11:52 PM
kltrader
0 20,411
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: HARTALEGA HOLDINGS BHD [] posted net profit of RM47.09 million in the second quarter ended Sept 30, 2010 from RM33.1 million a year ago as it benefited from an increase in demand and larger production capacity.


The glove maker said on Tuesday, Nov 9 revenue rose 37% to RM184.31 million from RM134.57 million.


Earnings per share were 12.96 sen compared with 9.11 sen a year ago. It declared an interim dividend of four sen per share.


"The significant achievement in revenue and profit before tax is in line with the group's continuous expansion in production capacity, increase in demand and improvement in production processes," it said.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment