KUALA LUMPUR: DFZ Capital Bhd posted a net profit of RM23.28 million in the first quarter ended May 31, 2010, a 152% increase from RM9.2 million a year earlier.
The profit was attributed to contributions from the newly acquired subsidiaries, Tenggara Senandung Sdn Bhd and Seruntun Maju Sdn Bhd.
The profit was attributed to contributions from the newly acquired subsidiaries, Tenggara Senandung Sdn Bhd and Seruntun Maju Sdn Bhd.
In a filing with Bursa Malaysia on Monday, June 21, the company recorded a revenue of RM127.8 million in the first quarter of its financial year ending Feb 28, 2011, an increase of 6.26% from RM120 million a year earlier. Earnings per share stood at 11.08 sen compared to 4.39 sen a year ago.
On the company's prospect, DFZ Capital said that it expected the operational performance in the forthcoming quarters to be satisfactory.
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