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SapuraCrest - Strong Q2 2011 Quarterly Financial Results

Chin Kok Tan
Publish date: Wed, 21 Sep 2011, 09:23 PM
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CK>> A strong Q2 2011 results as expected. Revenue fell 22% but net profit rose 47%. No dividend was declared if compare to 3 cents dividend last year same quarter. It was probably due to pending merger exercise with Kencana. If dividend was declared, takeover price will be adjusted, which will create more time-consuming processes.
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