KUALA LUMPUR: BATU KAWAN BHD [] net profit for the third quarter ended June 30 jumped to RM201.12 million from RM101.83 million a year ago, mainly due to a RM84 million surplus on disposal of investment as well as higher contribution from associate company KL Kepong Bhd (KLK).
The company said on Wednesday, Aug 18 that revenue for the quarter was RM55.32 million, lower than the RM61.75 million in recorded a year go.
Earnings per share was 47.43 sen.
For the six months ended June 30, Batu Kawan's net profit rose to RN419.24 million compared to RM231.08 million last year.
On its prospects for the current financial year, Batu Kawan said its profit was expected to be higher than in 2009 in view of the RM84 million surplus from disposal of an unquoted investment and the expected higher profit contribution from KLK.
The company said on Wednesday, Aug 18 that revenue for the quarter was RM55.32 million, lower than the RM61.75 million in recorded a year go.
Earnings per share was 47.43 sen.
For the six months ended June 30, Batu Kawan's net profit rose to RN419.24 million compared to RM231.08 million last year.
On its prospects for the current financial year, Batu Kawan said its profit was expected to be higher than in 2009 in view of the RM84 million surplus from disposal of an unquoted investment and the expected higher profit contribution from KLK.
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