Eversendai Corp Bhd today reported a sustainable revenue and profit after tax of RM257.7 million and RM32.3 million for its second quarter results for the period ended June 30,2012, respectively.
Last year its accounted revenue and profit after tax for three months ended June 30, 2011 was RM258.15 million and RM40.84 million, respectively.
For the period ended June 30, 2012, the group's revenue and profit after tax stood at RM506.66 million and RM62.07 million, respectively, as compared to RM466.00 million and RM66.32 million, respectively, for the period ended June 30, 2011.
"The increase in revenue of 8.73 per cent is mainly due to increase in projects undertaken in Malaysia and India while the slight fall in profit after tax is due to unrealised foreign exchange translation losses," it said in a statement.
The company's current order book stands at RM1.7 billion as of June 30, 2012.
Forty-one per cent of the projects were based on structural steel segment followed by 34 per cent from power plant and 25 per cent from civil construction segment. -- Bernama
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Eversendai posts Higher RM32.3m Q2 profit.
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2012-08-31 08:53