KUALA LUMPUR (Aug 17): Paramount Corp Bhd fell 2.15% in thin trade this morning after its net profit declined 39% to RM14.67 million for the second quarter ended June 30, 2017, from RM23.91 million a year earlier, mainly on lower profit contribution to its property segment.
At 9.21am, Paramount fell 4 sen to RM1.82 with 30,800 shares done.
Revenue increased 27% to RM184.56 million from RM145.31 million, on higher contributions from both property and education divisions.
The group’s cumulative six month net profit fell 32% to RM22.97 million from RM33.6 million in the previous corresponding six months. Cumulative revenue rose 27% to RM327.5 million from RM258.64 million. — theedgemarkets.com
For more stories, download TheEdgeProperty.com pullout here for free.
TOP PICKS BY EDGEPROP
Plenitube Harp @ Taman Desa Tebrau
Johor Bahru, Johor
Pangsapuri Sri Ilham, Bandar Baru Seri Alam
Masai, Johor
Pangsapuri Angsana, Bandar Mahkota Cheras
Cheras, Selangor
Isle of Botanica, Setia Eco Glades
Cyberjaya, Selangor
Trillium, Perdana Lakeview East
Cyberjaya, Selangor
Isle of Botanica, Setia Eco Glades
Cyberjaya, Selangor
Isle of Botanica, Setia Eco Glades
Cyberjaya, Selangor