Thursday, December 23, 2010

HELP 4Q net profit up 8.4% to RM6.47m, proposes 2c dividend

KUALA LUMPUR: HELP INTERNATIONAL CORPORATION [] Bhd net profit for the fourth quarter ended Oct 31, 2010 rose 8.4% to RM6.47 million from RM5.97 million a year ago, due mainly to increase in its revenue from rising demand for its home-grown programmes and prudent cost management.

It announced on Thursday, Dec 23 revenue rose to RM27.33 million from RM26.2 million a year earlier. Earnings per share were 6.2 sen while net assets per share was 80 sen.

HELP proposed a final gross dividend two sen per share for the financial year ended Oct 31, 2010 amounting to RM2.13 million.

For the full year, HELP's net profit rose 23.6% to RM19.1 million from RM15.45 million on the back of a 8.9% increase in revenue to RM105.2 million.


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