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DATASONIC net profit triples to RM23.4mil
KUALA LUMPUR: Datasonic Group Bhd’s (DSONIC 5216) net profit for its third quarter ended Sept 2013 almost tripled to RM23.44mil from RM8.13mil a year ago due to higher revenue and cost management.
Its revenue for the quarter rose 30.6% to RM69.9mil from RM53.5mil a year ago from the supply of smartcards.
Earnings per share stood at 17.37 sen against 6.02 sen a year ago.
For its year-to-date, the group’s net profit more than doubled to RM59mil from RM24.3mil a year ago while revenue rose 37% to RM188.1mil from RM136.7mil a year ago.
Moving forward, the group said its prospect are positive as the group is expected to continue to perform better in the remaining period, barring any unforeseen circumstances.
Source: The Star
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