KUALA LUMPUR: IJM Corp Bhd's pre-tax profit for the second quarter ended Sept 30, 2012 rose to RM233.28 million from RM161.44 million in the same quarter last year.
Revenue increased to RM1.14 billion from RM1.10 billion previously.
In a filing to Bursa Malaysia, IJM said the better results were due to the significant growth in the construction and infrastructure divisions.
It said the fluctuation in foreign exchange rates also resulted in unrealised gain of RM22.8 million in the current quarter compared to an unrealised loss of RM29 million in the corresponding quarter of 2011.
Barring unforeseen circumstances, IJM said, it expected to achieve a satisfactory performance for the current financial year. -- BERNAMA
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KC Loh
IJM is capable to earn that sort of money! Blue-chip all the way! to think people doubted their taking a stake of fundamentally weak scomi!
another 25% of Scomi Group? hehehe
2012-11-29 00:19