Bursa Malaysia Stock Watch
OSK 9-month pre-tax jumps to RM139.5m
kltrader
Publish date: Sat, 27 Nov 2010, 10:23 PM
kltrader
0 20,638
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.
OSK Holdings Bhd's pre-tax profit for the third quarter ended Sept 30, 2010 slipped to RM57.49 million from RM60.5 million during the same quarter previously.
Its turnover, however, rose to RM255.35 million from RM227.66 million.
As for the cumulative nine months, its pre-tax profit jumped to RM139.582 million from RM131.8 million previously, on the back of a higher turnover of RM710.2 million as compared with RM582.28 million previously.
On outlook, OSK said in a filing to Bursa that the board is optimistic that the regional market will continue to sustain its recovery path.
'While domestic demand is expected to be the main impetus for growth, the appropriate management of short-term capital flows has become an increasingly crucial development for the regional economy,' it said.
Hence, the board expects the group to perform well for the rest of 2010. -- Bernama
Its turnover, however, rose to RM255.35 million from RM227.66 million.
As for the cumulative nine months, its pre-tax profit jumped to RM139.582 million from RM131.8 million previously, on the back of a higher turnover of RM710.2 million as compared with RM582.28 million previously.
On outlook, OSK said in a filing to Bursa that the board is optimistic that the regional market will continue to sustain its recovery path.
'While domestic demand is expected to be the main impetus for growth, the appropriate management of short-term capital flows has become an increasingly crucial development for the regional economy,' it said.
Hence, the board expects the group to perform well for the rest of 2010. -- Bernama
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
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
3
5
Good Articles to Share
China’s chip advances stall as US curbs hit Huawei AI product
6
BFM Podcast
7
Good Articles to Share
8
Good Articles to Share
China’s debt cleanup leaves less cash for big building projects
#
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....
