KUALA LUMPUR: Perak Corporation Bhd's net profit crept up to RM3.6 million for the third quarter (3Q) ended Sept 30, 2010, from RM3.3 million a year ago despite lower revenue, it said in a filing to Bursa Malaysia on Wednesday, Nov 23.
Its revenue fell to RM21.13 million from RM23.44 million a year ago.
However, year-to-date, its net profit rose 22% to RM25.24 million from RM19.55 million on higher revenue of RM74.8 million from RM71.4 million a year ago.
Its improved performance was attributed to higher contribution from its infrastructure division.
Its basic earnings per share stood at 3.64 sen, from 3.34 sen a year ago.
The group expected to perform satisfactorily this financial year.
Its revenue fell to RM21.13 million from RM23.44 million a year ago.
However, year-to-date, its net profit rose 22% to RM25.24 million from RM19.55 million on higher revenue of RM74.8 million from RM71.4 million a year ago.
Its improved performance was attributed to higher contribution from its infrastructure division.
Its basic earnings per share stood at 3.64 sen, from 3.34 sen a year ago.
The group expected to perform satisfactorily this financial year.
SHARE
TOP PICKS BY EDGEPROP
SALE
FEATURED
D'Carlton Seaview Residences (Seri Mega)
Masai, Johor
RM 215,000
Studio |
1 bath |
521 sqft
SALE
FEATURED
D'Ambience Residences (Ikatan Flora), Bandar Baru Permas Jaya
Permas Jaya/Senibong, Johor
RM 330,000
2 beds |
2 bath |
876 sqft
RENT
FEATURED
Apartment Tanjung Puteri Resort
Pasir Gudang, Johor
RM 1,300
3 beds |
2 bath |
1300 sqft
RENT
FEATURED
D'Ambience Residences (Ikatan Flora), Bandar Baru Permas Jaya
Permas Jaya/Senibong, Johor
RM 2,300
3 beds |
2 bath |
1414 sqft
SALE
FEATURED
Saffron Hills @ Denai Alam
Denai Alam, Selangor
RM 740,000
4 beds |
3 bath |
2605 sqft