Bursa Malaysia Stock Watch
Evergreen Fibreboard profit rises
kltrader
Publish date: Mon, 21 Feb 2011, 10:50 PM
kltrader
0 20,638
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Evergreen Fibreboard Bhd's pre-tax profit for the financial year ended Dec 31 2010 rose to RM115.151 million from RM80.752 million in the same period of 2009.
Its revenue increased to RM951.186 million from RM771.514 million previously, it said in a filing to Bursa Malaysia today.
It said the better revenue was due to higher average selling price and higher sales volume.
Evergreen expected the medium-density fibreboard prices to be raised in the second half year in line with expected stronger demand.
-- BERNAMA
Its revenue increased to RM951.186 million from RM771.514 million previously, it said in a filing to Bursa Malaysia today.
It said the better revenue was due to higher average selling price and higher sales volume.
Evergreen expected the medium-density fibreboard prices to be raised in the second half year in line with expected stronger demand.
-- BERNAMA
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