KUALA LUMPUR: CI Holdings Bhd posted net profit of RM11.27 million in the second quarter ended Dec 31, 2011, an increase of 42% from RM7.9 million a year ago, mainly due to further economies of scale and prudent cost management.
It said on Wednesday, Jan 26 revenue rose 28% to RM146.65 million from RM114.50 million a year ago while earnings per share were 7.94 sen compared with 5.57 sen. It declared dividend of five sen a share.
CI Holdings said the group's revenue increased 28% on-year, 'due mainly to the beverages division's continued growth in its non-carbonated portfolio, strong growth in isotonic beverages, successful promotional campaigns and an aggressive distribution drive'
The company said its historic base of carbonated brands also contributed positively. The higher profit after tax was mainly attributable to further economies of scale and prudent cost management.
On the prospects for the current financial year, it said the 'group shall continue to focus on its current core business to maximise growth and profitability while exploring other synergistic new business'.
It said on Wednesday, Jan 26 revenue rose 28% to RM146.65 million from RM114.50 million a year ago while earnings per share were 7.94 sen compared with 5.57 sen. It declared dividend of five sen a share.
CI Holdings said the group's revenue increased 28% on-year, 'due mainly to the beverages division's continued growth in its non-carbonated portfolio, strong growth in isotonic beverages, successful promotional campaigns and an aggressive distribution drive'
The company said its historic base of carbonated brands also contributed positively. The higher profit after tax was mainly attributable to further economies of scale and prudent cost management.
On the prospects for the current financial year, it said the 'group shall continue to focus on its current core business to maximise growth and profitability while exploring other synergistic new business'.
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