George Kent (Malaysia) Bhd recorded a higher pre-tax profit of RM11.8 million in the fourth quarter ended Jan 31, 2011, compared to RM8.97 million in the same period last year.

Revenue rose to RM47.92 million from RM41.25 million previously due to higher sales achieved for project related works, it said in a statement today.

For the whole year, the company's pre-tax profit jumped to RM32.75 million, from the RM26.09 million recorded last year.

Revenue surged to RM165.03 million from RM125.06 million previously due to higher sale of meters, original equipment manufacturer products and project related works.

On prospects, it said the company would capitalise on the opportunities arising from the bold initiatives taken by the Malaysian Government to stimulate the economy, which would benefit the private sector.--BERNAMA