news

BCB sees higher net profit in 2Q 2011

 

BCB sees higher net profit in 2Q 2011
E Jacqui Chan of theedgeproperty.com
KUALA LUMPUR: BCB Bhd recorded a higher net profit of RM1.59 million for its second quarter (2Q 2011), compared to RM1.07 million posted a year ago.
However, its revenue fell from RM23.16 million in 1Q 2011 to RM21.48 million in 2Q 2011, the company said on Monday, Feb 21 in a Bursa Malaysia announcement.
The higher profit margin was partly attributed to lower overheads resulting from cost-cutting measures put in a year ago.
BCB Bhd

KUALA LUMPUR: BCB Bhd recorded a higher net profit of RM1.59 million for its second quarter (2Q 2011), compared to RM1.07 million posted a year ago.

However, its revenue fell from RM23.16 million in 1Q 2011 to RM21.48 million in 2Q 2011, the company said on Monday, Feb 21 in a Bursa Malaysia announcement.

The higher profit margin was partly attributed to lower overheads resulting from cost-cutting measures put in a year ago.

 

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE