KUALA LUMPUR: Shares of VITROX CORPORATION BHD [] advanced in early trade on Friday, Feb 18 after its net profit for the fourth quarter (4Q) ended Dec 31, 2010 surged six-fold to RM8.16 million from RM1.15 million a year earlier, underpinned by higher sales.
At 9.05am, it was up nine sen to RM1.61 with 112,500 shares done. The FBM KLCI rose 0.72 of a point to 1,509.28. Turnover was 47.34 million shares valued at RM27.55 million. There were 108 gainers, 54 losers and 115 stocks unchanged.
Vitrox announced on Thursday its revenue surged 284% to RM23.23 million from RM6.05 million, due to higher sales from its machine vision system, automated board inspection and electronics communication system.
Earnings per share were 5.36 sen while net assets per share rose to 49.96 sen from 32.27 sen.
For the financial year ended Dec 31, Vitrox's net profit surged to RM31.6 million from RM1.94 million on the back of revenue of RM87.44 million.
At 9.05am, it was up nine sen to RM1.61 with 112,500 shares done. The FBM KLCI rose 0.72 of a point to 1,509.28. Turnover was 47.34 million shares valued at RM27.55 million. There were 108 gainers, 54 losers and 115 stocks unchanged.
Vitrox announced on Thursday its revenue surged 284% to RM23.23 million from RM6.05 million, due to higher sales from its machine vision system, automated board inspection and electronics communication system.
Earnings per share were 5.36 sen while net assets per share rose to 49.96 sen from 32.27 sen.
For the financial year ended Dec 31, Vitrox's net profit surged to RM31.6 million from RM1.94 million on the back of revenue of RM87.44 million.
No comments:
Post a Comment