Bursa Malaysia Stock Watch
Xingquan posts lower Q3 pre-tax profit
kltrader
Publish date: Thu, 19 May 2011, 10:12 PM
kltrader
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Xingquan International Sports Holdings Ltd's pre-tax profit for the third quarter ended March 31, 2011 fell to RM36.52 million from RM37.36 million in the same quarter of 2010.
Revenue, however, rose to RM178.48 million from RM164.34 million previously, it said in a filing to Bursa Malaysia today.
For the nine-month period ended March 31, 2011, its pre-tax profit rose to RM101.08 million from RM98.98 million in the same period of 2010.
Revenue increased to RM527.66 million from R450.97 million previously.
Xingquan said the prospect for financial year ending June 30, 2011 was expected to be positive, supported by the expansion of sales outlets and branding initiatives. -- Bernama
Revenue, however, rose to RM178.48 million from RM164.34 million previously, it said in a filing to Bursa Malaysia today.
For the nine-month period ended March 31, 2011, its pre-tax profit rose to RM101.08 million from RM98.98 million in the same period of 2010.
Revenue increased to RM527.66 million from R450.97 million previously.
Xingquan said the prospect for financial year ending June 30, 2011 was expected to be positive, supported by the expansion of sales outlets and branding initiatives. -- Bernama
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