Naim Holdings Bhd posts 2Q net profit of RM24mln

KUALA LUMPUR: Naim Holdings Bhd posted a net profit of RM24.36 million for its second quarter (2Q) ended June 30, 2010, up 7.5% compared with net profit RM22.65 million posted a year ago.

The company's revenue for the quarter under review stood at RM156 million, compared with RM134.3 million recorded a year ago.

The company said on Tuesday, Aug 25 that the increase was mainly contributed by the construction division, which reported higher percentage of completion of projects undertaken.
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