Mudajaya 3Q net profit jumps 76% to RM63m on-yr

Publish date: Tue, 22 Nov 2011, 05:58 PM
KUALA LUMPUR (Nov 22): MUDAJAYA GROUP BHD []'s net profit'' jumped 76% to RM63 million from RM46.54 million, aided by a currency translation gain of RM19.39 million compared with loss of RM14.95 million a year ago.

It said on Tuesday its revenue increased at the same pace, up 76.4% to RM337.21 million from RM191.15 million while earnings per share were 2.5 sen compared with 1.50 sen.

For the nine-month period, its earnings showed an increase of 8.7% to RM164.54 million from the RM151.36 million in the previous corresponding period. Revenue rose 43.3% to Rm916.39 million from RM639.14 million.

'The growth in revenue of 43.4% was mainly attributable to the increased level of activities during the current period whilst the profit before taxation was affected by the stronger ringgit Malaysia (RM) against US dollar and the lower contribution from some of the activities,' it said.

Labels: MUDAJYA

Discussions
Be the first to like this. Showing 2 of 3 comments

harcharanjit

oh my king mudajaya,,you are really blessed by god even many including sc tried to hammer you down..SYABAAS

2011-11-23 00:34

roseeu

Its sterling performance will eventually reflects in its share price. Savvy investors would have slowly accumulate this gem.

2011-11-23 21:03

Post a Comment