Bursa Malaysia Stock Watch

Spritzer's Q2 pre-tax profit falls to RM2.8m

kltrader
Publish date: Thu, 27 Jan 2011, 09:41 PM
kltrader
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Spritzer Bhd's pre-tax profit for the second quarter ended Nov 30, 2010 fell to RM2.778 million from RM3.423 million in the same quarter of 2009.

Revenue, however, increased to RM35.828 million from the RM29.543 million in 2009.

Pre-tax profit for the six-month period slipped to RM6.056 million from RM6.982 million in 2009. Revenue increased to RM70.639 million from RM60.785 million previously.

In a filing to Bursa Malaysia today, Spritzer said the higher revenue was mainly contributed by higher sales of various bottled water products.

The company said it would increase the product range to cater to the needs of the various market segments.

Looking forward, Spritzer said, it expects to perform satisfactorily in the financial year ending May 31,2011. -- Bernama
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