Bursa Malaysia Stock Watch

Higher sales boost Hong Leong profits

kltrader
Publish date: Mon, 21 Feb 2011, 10:50 PM
kltrader
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Hong Leong Industries Bhd's pre-tax profit for the second quarter ended Dec 31, 2010 rose to RM97.69 million from RM83.63 million in the same period in 2009.

Revenue increased to RM794.08 million from RM717.2 million previously, the company said in a statement today.

It attributed the better earnings to higher sales recorded by both the semiconductor and consumer products businesses during the quarter under review.

-- BERNAMA
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