Bursa Malaysia Stock Watch

Dialog 1Q net profit up 22.8% to RM33.09m

kltrader
Publish date: Mon, 22 Nov 2010, 09:12 PM
kltrader
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KUALA LUMPUR: DIALOG GROUP BHD [] reported a 22.8% increase in net profit to RM33.09 million for the first quarter ended Sept 30, 2010 from RM26.94 million a year ago.


It said on Monday, Nov 22, the improvement in earnings were underpinned by its plant maintenance division which saw significant work performed and completed in current quarter both in Malaysia and Singapore.


Revenue dipped 15% to RM263.8 million from RM308.85 million a year ago mainly due to completion of major engineering & CONSTRUCTION [] projects in the last financial year. Earnings per share were 1.69 sen while net assets per share were 25.87 sen.

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