Mudajaya Group Bhd's pre-tax profit for the fourth quarter ended Dec 31, 2010 rose to RM74.20 million from RM59.02 million in the same period of 2009.

Its revenue increased to RM230.30 million from RM211.76 million previously, it said in a filing to Bursa Malaysia today.

For the twelve-month period, its pre-tax profit increased to RM286.59 million from RM167.96 million in 2009.

Its revenue rose to RM869.43 million from RM719.97 million previously.

Mudajaya said the better results were due to the increase in the level of activities.

The company expected a better financial performance this year compared with the previous year. -- BERNAMA