KUALA LUMPUR: HOCK SENG LEE BHD [] posted net profit of RM17.67 million in the first quarter ended March 31, 2011, up 30.5% from the RM13.54 million a year ago.
The Sarawak-based infrastructure'' and marine engineering company said on Wednesday, May 25 that revenue increased by 33.7% to RM123.62 million from RM92.4 million a year ago. Its earnings per share were 3.19 sen from 2.46 sen.
HSL said profit before tax for the quarter rose 29% to RM23.54 million from RM18.20 million.
'Our sustained pattern of commendable growth reflects the buoyancy of the CONSTRUCTION [] industry in Sarawak and the need for infrastructure development across our home state's extensive land area,' said HSL's managing director Datuk Paul Yu Chee Hoe.
'This set of results starts us on a trajectory to achieving another successful year,' he said.
The Sarawak-based infrastructure'' and marine engineering company said on Wednesday, May 25 that revenue increased by 33.7% to RM123.62 million from RM92.4 million a year ago. Its earnings per share were 3.19 sen from 2.46 sen.
HSL said profit before tax for the quarter rose 29% to RM23.54 million from RM18.20 million.
'Our sustained pattern of commendable growth reflects the buoyancy of the CONSTRUCTION [] industry in Sarawak and the need for infrastructure development across our home state's extensive land area,' said HSL's managing director Datuk Paul Yu Chee Hoe.
'This set of results starts us on a trajectory to achieving another successful year,' he said.
No comments:
Post a Comment