Latest

E & O post pre-tax profit of RM17.56mln

KUALA LUMPUR: Eastern & Oriental Bhd (E & O) posted revenue and pre-tax profit of RM46.31 million and RM17.56 million respectively for its first quarter (1Q) ended June 30, 2010.

In the same period last year, E & O posted revenue and pre-tax profit of RM73.915 million and RM9.498 million respectively.

DutaLand closes financial year with pre-tax profit of RM15.8mln

KUALA LUMPUR: DutaLand Bhd posted a pre-tax profit of RM15.8 million for its financial year ended June 30, 2010 (FYE 2010), on the back of revenue of RM109.1 million.

Comparatively, the group posted revenue and pre-tax profit of RM100.5 million and RM77.9 million respectively in FYE 2009.

Tanco posts pre-tax loss of RM4.58

KUALA LUMPUR: Tanco Holdings Bhd posted a pre-tax loss of RM4.58 million for its second quarter (2Q) ended June 30, 2010, compared with the loss of RM2.41 million posted in the same period last year.

The company said on Tuesday, Aug 24 that the loss was due to a waiver arising from a settlement with a contractor in the previous corresponding period.

Asian Pac post pre-tax loss of RM1.06mln

KUALA LUMPUR: Asian Pac Holdings Bhd posted a revenue and pre-tax loss of RM7.25 million and RM1.06 million respectively for its first quarter (1Q) ended June 30, 2010, the group announced on Tuesday, Aug 24.

For the same period a year ago, it posted a pre-tax profit of RM9million, while revenue then stood at RM38.3 million.

Seloga post pre-tax profit of RM6.4mln

KUALA LUMPUR: Seloga Holdings Bhd posted a pre-tax profit of RM6.4 million for its second quarter (2Q) ended June 30, 2010, on the back of revenue of  RM15.6 million.

Pre-tax profit rose 56% from RM4.12 million pre-tax profit posted in the same period a year ago, while revenue increased 69% from RM9.2 million posted for the same period a year ago, the company said on Tuesday, Aug 24.

IGB pre-tax profit up by 9% to RM63.3mln

KUALA LUMPUR: IGB Corporation Bhd posted pre-tax profit of RM63.3 million for its second quarter (2Q) ended June 30, 2010, up 8.4% compared with RM58.4 million posted for the same period a year ago, mainly driven by higher contributions from the property investment and hotel divisions.

KSL post pre-tax profit of RM24.3 million

KUALA LUMPUR: KSL Holdings Bhd posted revenue and pre-tax profit of RM46.9 million and RM24.3 million respectively for its second quarter (2Q) ended June 30, 2010.

This represents a revenue increase of 17% from RM40.06 milllion posted in the same period last year, and a pre-tax profit increase of 77% from RM13.7 million posted a year ago, the company said on Tuesday, Aug 24.

Prinsiptek 2Q pre-tax profit down 36.7%

KUALA LUMPUR: Prinsiptek Corporation Bhd posted a pre-tax profit of RM570,000 for its second quarter (2Q) ended June 30, 2010, down 36.67% from the preceding quarter.

The company said on Tuesday, Aug 24 that its 2Q revenue was RM50.42 million, up 6.30% from the same quarter a year ago, and up 55% from the preceding quarter's revenue of RM32.55 million.

Axis-REIT to acquire Tesco JB Hypermarket Complex for RM75.6mln

KUALA LUMPUR: Axis Real Estate Investment Trust (Axis-REIT) proposed to acquire the Tesco JB Hypermarket Complex for a total lump sum cash consideration of RM75.6 million from Bukit Indah (Johor) Sdn Bhd.

The latest acquisition will increase the assets under management to over RM1.2 billion, Axis-REIT said in a filing to Bursa Malaysia on Tuesday, Aug 24.

MMC Corp 2Q profit up 25.3% at RM187.17m

KUALA LUMPUR: MMC Corp Bhd posted profit of RM187.17 million for the second quarter ended June 30, 2010, which was 25.3% higher compared with RM149.35 million a year ago.