Tasek Q3 pre-tax profit rises to RM30.3m

Publish date: Thu, 25 Oct 2012, 04:54 PM
Tasek Corp Bhd's pre-tax profit for the third quarter ended Sept 30, 2012 rose to RM30.27 million from RM27.55 million in the same period of 2011.

Revenue increased to RM140.4 million from RM132.99 million previously, Tasek said in a filing to Bursa Malaysia today.

Tasek said the improved contributions from local cement sales and higher interest income gave pre-tax profit a boost.

It said the domestic construction market was expected to continue to grow on the back of the new awards and implementation of infrastructure projects under the 10th Malaysia Plan and the Economic Transformation Programme such as
mass rapid transit, light rail transit and Tun Razak Exchange.

"The group is expected to remain profitable for the remaining quarter of year 2012," it said. -- Bernama

Labels: TASEK

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

Hasna Zainuddin

Congratulation to tasek i hope the management would reward handsomely to all staffs including shareholders

2012-10-25 18:43

kcfan

Don't forget for more dividend paid out.Lol

2012-10-25 18:49

Hasna Zainuddin

Most likely after ellection this counter will fly,insha allah.

2012-10-26 05:17

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