Mudajaya Group Bhd records net profit of RM54.2mln

KUALA LUMPUR: Mudajaya Group Bhd posted revenue and net profit of RM208.6 million and RM54.22 million respectively for its second quarter (2Q) ended June 30, 2010.

The company recorded net profit of RM26.48 million on the back of revenue of RM182.7 million a year ago.

The growth in revenue and profit was due to the increased level of activities during the current period, the company said on Wednesday, Aug 25.

It declared a second interim single tier dividend of 7.5% (or 1.5 sen per share) in respect of the financial year ending Dec 31, 2010 based on the 411,238,500 ordinary shares excluding treasury shares of RM0.20 each.

The book closure date and the date for dividend payment will be announced later.
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