KUALA LUMPUR: PROTON HOLDINGS BHD []'s share price rose after it posted net profit of RM84.68 million for the 1Q ended June''30, 2010, up 55.2%''from RM54.55 million a year ago, underpinned by higher sales volume and improved profit margins from better product mix.
At 2.50pm, Proton was up three sen to RM4.68 with 363,900 shares traded.
The national car maker said on Monday, Aug 23 that revenue rose RM2.29 billion from RM1.85 billion in 2009, while earnings per share improved to 15.40 sen from 9.90 sen.
Proton said that in line with the improved market sentiments, its domestic sales volume grew by 17% arising from demands for its three core models, namely, Saga, Persona and Exora.
At 2.50pm, Proton was up three sen to RM4.68 with 363,900 shares traded.
The national car maker said on Monday, Aug 23 that revenue rose RM2.29 billion from RM1.85 billion in 2009, while earnings per share improved to 15.40 sen from 9.90 sen.
Proton said that in line with the improved market sentiments, its domestic sales volume grew by 17% arising from demands for its three core models, namely, Saga, Persona and Exora.
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