SHL posts pre-tax profit of RM9.60mln

KUALA LUMPUR: SHL Consolidated Bhd posted a pre-tax profit of RM9.60 million for its first quarter (1Q), ended June 30, 2010, up 8% from RM8.58 million posted in same period last year, on the back of RM67.07 million revenue.

The company said on Tuesday, Aug 24 that the increase was mainly attributable to the good take-up rates in Alam Budiman, Shah Alam and Palm Walk, Bandar Sungai Long projects.

The group said that it is positive that its performance for the current financial year will be satisfactory.