KUALA LUMPUR: SAPURACREST PETROLEUM BHD [] net profit for the fourth quarter ended Jan 31, 2011 jumped 79% to RM 72.67 million from RM40.57 million a year earlier, due mainly to to improved performance in the operations and maintenance and marine services divisions.
Revenue rose 26% to RM609.95 million from RM484.48 million in 2010. Earnings per share was 5.69 sen, while net assets per share was 87 sen.
SapuraCrest proposed a single tier final dividend of 5.5 sen per share for the financial year ended Jan 31, 2011.
For the financial year ended Jan 31, the company's net profit rose to RM231.45 million from RM172.04 million a year earlier, on the back of revenue RM3.19 billion.
On its prospects for the current financial year, SapuraCrest said it expects to achieve satisfactory results .
Revenue rose 26% to RM609.95 million from RM484.48 million in 2010. Earnings per share was 5.69 sen, while net assets per share was 87 sen.
SapuraCrest proposed a single tier final dividend of 5.5 sen per share for the financial year ended Jan 31, 2011.
For the financial year ended Jan 31, the company's net profit rose to RM231.45 million from RM172.04 million a year earlier, on the back of revenue RM3.19 billion.
On its prospects for the current financial year, SapuraCrest said it expects to achieve satisfactory results .
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