Bina Goodyear net profit of RM291,000 for 1Q

KUALA LUMPUR: Bina Goodyear Bhd achieved net profit of RM291,000 from a net loss of RM6.067 million a year ago for its first quarter (1Q) financial results ended Sept 30, 2010, the group announced on Monday, Nov 29. Revenue dropped by 37% to RM62.746 million from RM99.592 million the previous year.

The basic earning per share increased to 0.63 sen from negative 13.12 sen a year ago. The net asset per share remained at RM1.82.

Bina Goodyear's main activities are in construction and operates in four business segments: construction, property development, construction machinery and equipment rental, and manufacturers and dealers in electrical and electronic goods.
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