Bursa Malaysia Stock Watch
Fajarbaru registers higher Q2 pre-tax profit
kltrader
Publish date: Fri, 28 Jan 2011, 09:15 AM
kltrader
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Fajarbaru Builder Group Bhd chalked up a higher pre-tax profit of RM7.19 million for the second-quarter ended Dec 31, 2010 from RM6.95 million registered the same period in 2009.
Revenue rose to RM58.16 million, during the period under review, from RM37.81 million registered in the 2009 corresponding quarter.
In a filing to Bursa Malaysia, the company attributed the higher profits to contributions from its construction unit.
Optimistic of its outlook, Fajarbaru is confident of securing several contracts, tenders for which, have already been submitted. -- Bernama
Revenue rose to RM58.16 million, during the period under review, from RM37.81 million registered in the 2009 corresponding quarter.
In a filing to Bursa Malaysia, the company attributed the higher profits to contributions from its construction unit.
Optimistic of its outlook, Fajarbaru is confident of securing several contracts, tenders for which, have already been submitted. -- Bernama
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