KUALA LUMPUR: HUNZA PROPERTIES [] BHD [] reported net profit of RM11.13 million in the third quarter ended March31, 2011, a marginal increase from the RM11.07 million a year ago.
It said on Thursday, May 19 revenue rose 13.3% to RM66.19 million from RM58.38 million while earnings per share were 5.92 sen compared with 6.94 sen.'' It proposed a special interim single-tier dividend of 2.5 sen per share.
'The increase in revenue of 13% is mainly attributable to stronger sales and higher stage of physical
CONSTRUCTION [] from Gurney Paragon project (condominiums). In addition, Mutiara Seputeh in Kuala
Lumpur also recorded higher sales of its bungalow units,' it said.
Hunza Properties said gain on revaluation of the land transferred out from property, plant & equipment amounting to RM22.7 million was recognised in the current period.
It said on Thursday, May 19 revenue rose 13.3% to RM66.19 million from RM58.38 million while earnings per share were 5.92 sen compared with 6.94 sen.'' It proposed a special interim single-tier dividend of 2.5 sen per share.
'The increase in revenue of 13% is mainly attributable to stronger sales and higher stage of physical
CONSTRUCTION [] from Gurney Paragon project (condominiums). In addition, Mutiara Seputeh in Kuala
Lumpur also recorded higher sales of its bungalow units,' it said.
Hunza Properties said gain on revaluation of the land transferred out from property, plant & equipment amounting to RM22.7 million was recognised in the current period.
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