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Mah Sing net profit up 26.5% to RM29.16 million

KUALA LUMPUR: Mah Sing Group Bhd posted net profit of RM29.16 million in the second quarter ended June 30, 2010, up 26.5% from RM23.04 million a year ago.

It said on Thursday, Aug 26 that revenue jumped 72.8% to RM289.05 million from RM157.23 million. Earnings per share were 3.55 sen versus 3.67 sen.

NYC council OKs skyscraper near Empire State

NEW YORK: A soaring new office building planned for midtown Manhattan won the approval of the New York City Council on Wednesday, Aug 25 despite objections from the Empire State Building that it will diminish the iconic skyline.

MK Land posts net profit of RM323.48mln for FYE10

KUALA LUMPUR: M K Land Holdings Bhd posted revenue and net profit of RM323.48 million and RM11.19 million respectively for its financial year ended June 30, 2010 (FYE 2010), compared to revenue and net profit of RM246.59 million and RM18 million respectively posted a year ago.

Bolton Bhd posts net profit of RM5.06mln

KUALA LUMPUR: Bolton Bhd posted a net profit of RM5.06 million from a revenue of RM53.21 million for its first quarter (1Q) ended June 30, 2010, compared with a net profit of RM5.86 million from a revenue of RM58.47 million posted a year ago.

Hap Seng posts net profit of RM151.5 million

KUALA LUMPUR: Hap Seng Consolidated Bhd posted a net profit of RM132.67 million for its second quarter (2Q) ended June 30, 2010, on the back of revenue of RM664.5 million.

Selangor Dredging Bhd records higher net profit

KUALA LUMPUR: Selangor Dredging Bhd achieved a higher turnover and net profit of RM62.48 million and RM5.69 million for its first quarter (1Q) ended June 30, 2010, compared with revenue RM48.68 million and net profit RM2.69 million in the corresponding period last year.

Perak Corporation posts net profit of RM4.38 million

KUALA LUMPUR: Perak Corporation posted a net profit of RM4.38 million for its second quarter (2Q) ended June 30, 2010, on the back of revenue of RM28 million, the company said on Wednesday, Aug 25.

The company recorded a revenue and net profit of RM27.4 million and RM4.42 million in the previous year’s corresponding quarter.

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.

United Malayan Land Bhd post net profit of RM4.16mln

KUALA LUMPUR: United Malayan Land Bhd posted revenue and net profit of RM63.8 million and RM4.16 million respectively for its second quarter (2Q) ended June 30, 2010.

Comparatively, the company posted revenue and net profit of RM49 million and RM6.28 million respectively in the previous year’s corresponding quarter.