KUALA LUMPUR: SAPURA RESOURCES BHD []'s earnings surged more than 400% to RM13.06 million in the third quarter ended Oct 30, 2010 from RM2.55 million a year ago, boosted by the sale of a piece of freehold land with the automobile showroom.
It said on Friday, Dec 10, revenue fell 43.8% to RM34.73 million from RM61.87 million a year ago. Earnings per share were 9.36 sen versus 1.83 sen.
It made an operating loss of RM1.15 million compared with operating profit of RM4.97 million a year ago.'' However, there was a gain of RM13.86 million from the sale of discontinued operations.
Sapura Resources said the 3Q net profit was higher than in 2Q mainly due to the net gain arising from the disposal of the property.
It said on Friday, Dec 10, revenue fell 43.8% to RM34.73 million from RM61.87 million a year ago. Earnings per share were 9.36 sen versus 1.83 sen.
It made an operating loss of RM1.15 million compared with operating profit of RM4.97 million a year ago.'' However, there was a gain of RM13.86 million from the sale of discontinued operations.
Sapura Resources said the 3Q net profit was higher than in 2Q mainly due to the net gain arising from the disposal of the property.
No comments:
Post a Comment