KUALA LUMPUR: CONCRETE ENGINEERING PRODUCTS [] Bhd (CEPCO) swung into the red with net losses of RM5.95 million in the second quarter ended Feb 28, 2011.
Cepco said on Thursday, April 28 that revenue slipped 16% to RM24.69 million from RM29.38 million while its loss per share was 13.31 sen compared with earnings per share of 4.37 sen.
For the first half, it reported net loss of RM205,000 compared with net profit of RM7.74 million in the previous corresponding period.'' Revenue shrank to RM45.26 million from RM66.95 million.
Cepco said the 2Q turnover of RM24.69 million was 0.2% higher than in 1Q. The group recorded a loss after taxation of RM5.96 million compared to the 1Q profit of RM 4.74 million.
Cepco said on Thursday, April 28 that revenue slipped 16% to RM24.69 million from RM29.38 million while its loss per share was 13.31 sen compared with earnings per share of 4.37 sen.
For the first half, it reported net loss of RM205,000 compared with net profit of RM7.74 million in the previous corresponding period.'' Revenue shrank to RM45.26 million from RM66.95 million.
Cepco said the 2Q turnover of RM24.69 million was 0.2% higher than in 1Q. The group recorded a loss after taxation of RM5.96 million compared to the 1Q profit of RM 4.74 million.
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