KUALA LUMPUR: SURIA CAPITAL HOLDINGS BHD []'s net profit for the second quarter ended June 30, 2010 (2Q10) rose 52% to RM18.74 million from RM12.29 million a year ago due to higher revenue and lower operating expenditures in the current quarter.
The company said on Friday, July 30, that the group's revenue climbed 3% to RM62.78 million from RM60.95 million a year ago, thanks to higher contribution by the core business of port operations. It registered earnings per share of 6.62 sen for 2Q10 versus 4.34 sen in the same quarter last year.
The directors did not recommend any dividend for the current financial quarter ended June 30, 2010. Suria posted net asset per share of RM2.50 as at June 30.
For the six months ended June 30, 2010, Suria's net profit surged 81% to RM37.56 million from RM20.76 million in the same half last year, while revenue grew 7% to RM122.49 million from RM114.51 million.
On its prospects, Suria said port operations would continue to be the main contributor to the group's earnings and the board was optimistic of achieving satisfactory performance for the financial year.
The stock today added 2 sen to close at RM1.60 with turnover of 509,100 shares.
The company said on Friday, July 30, that the group's revenue climbed 3% to RM62.78 million from RM60.95 million a year ago, thanks to higher contribution by the core business of port operations. It registered earnings per share of 6.62 sen for 2Q10 versus 4.34 sen in the same quarter last year.
The directors did not recommend any dividend for the current financial quarter ended June 30, 2010. Suria posted net asset per share of RM2.50 as at June 30.
For the six months ended June 30, 2010, Suria's net profit surged 81% to RM37.56 million from RM20.76 million in the same half last year, while revenue grew 7% to RM122.49 million from RM114.51 million.
On its prospects, Suria said port operations would continue to be the main contributor to the group's earnings and the board was optimistic of achieving satisfactory performance for the financial year.
The stock today added 2 sen to close at RM1.60 with turnover of 509,100 shares.
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