news

Crest Builder 3Q net profit up to RM3.51m

Crest Builder 3Q net profit up to RM3.51m
Lam Jian Wyn of TheEdgeProperty.com
KUALA LUMPUR: Crest Builder Holdings Bhd has posted a net profit of RM3.51 million for its third quarter (3Q) ended Sept 30, 2010, up marginally from RM3.06 million a year ago on higher revenue.
Turnover rose 46.6% to RM129.35 million from RM88.22 million on higher construction activities, it announced to Bursa Malaysia on Thursday, Nov 25.
Basic earnings per share stood at 2.8 sen from 2.5 sen, while net assets per share stood at RM1.92 from RM1.86 a year ago.
Going forward, the group expects to perform satisfactorily as it continues to bid for more construction projects, increase its construction margins and look for new land banks as it tries to plan for new launches.
Crest Builder Holdings Bhd
KUALA LUMPUR: Crest Builder Holdings Bhd has posted a net profit of RM3.51 million for its third quarter (3Q) ended Sept 30, 2010, up marginally from RM3.06 million a year ago on higher revenue.

Turnover rose 46.6% to RM129.35 million from RM88.22 million on higher construction activities, it announced to Bursa Malaysia on Thursday, Nov 25.

Basic earnings per share stood at 2.8 sen from 2.5 sen, while net assets per share stood at RM1.92 from RM1.86 a year ago.

Going forward, the group expects to perform satisfactorily as it continues to bid for more construction projects, increase its construction margins and look for new land banks as it tries to plan for new launches.
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