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LBS Bina sees 3Q net profit of RM4.15m

KUALA LUMPUR: LBS Bina Group Bhd recorded a net profit of RM4.15 million compared to a net loss of RM1.74 million a year ago in its third quarter (3Q) financial statements ended Sept 30, 2010, the group announced on Tuesday, Nov 30.

Revenue for the quarter under review rose 91% to RM79.713 million from RM41.709 million a year ago.

Basic earnings per share rose to 1.08 sen from a basic loss per share of 0.50 sen last year. Net assets per share went up to RM1.05 from RM1.10 at the preceding financial year end.

LBS Bina operates in five segments: property development, management and investment, trading and construction, as well as golf courses and club houses.
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