Friday, July 30, 2010

Unisem 2Q net profit surges 102% to RM48m

KUALA LUMPUR: UNISEM (M) BHD [] net profit for the second quarter ended June 30, 2010 surged 102.2% to RM48.05 million from RM23.98 million a year ago on the back of a 40.8% increase in revenue to RM359.5 million.

In a filing to Bursa Malaysia on Friday, July 30, Unisem attributed the significant increase in revenue and net profit to improved sales volume due to strong demand for its products and services.

Earnings per share was 9.27 sen, while net assets per share rose to RM1.94 from 1.83.


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