KUALA LUMPUR: Masterskill Education Group Bhd (MEGB) net profit for the third quarter ended Sept 30, 2010 fell 21.9% to RM26.19 million from RM33.52 million a year earlier, due to higher operational overheads in line with its expansion.
MEGB said on Monday, Nov 22 revenue was 10.9% higher at RM80.68 million from RM72.74 million a year ago.'' Earnings per share were nine sen per share while net assets per share was RM1.20.
However, for the nine months ended Sept 30, MEGB's net profit rose 6.5% to RM75.3 million from RM68.76 million in the previous corresponding period, mainly due to the increase in its student numbers from 16,801 in September last year to 17,613 in September this year.
MEGB said on Monday, Nov 22 revenue was 10.9% higher at RM80.68 million from RM72.74 million a year ago.'' Earnings per share were nine sen per share while net assets per share was RM1.20.
However, for the nine months ended Sept 30, MEGB's net profit rose 6.5% to RM75.3 million from RM68.76 million in the previous corresponding period, mainly due to the increase in its student numbers from 16,801 in September last year to 17,613 in September this year.
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