KUALA LUMPUR: MALTON BHD [] shares were actively traded on Friday, May 20 after its earnings surged 620% to RM26.28 million from RM3.64 million a year ago, underpinned by higher billings from the property development division.
At 9.15am, Malton rose 2.5 sen to 79 sen with 3.79 million shares traded.
Its revenue increased by 79.4% to RM116.38 million from RM64.89 million while pre-tax profit increased by 512.7% to RM38.6 million from RM6.3 million. Earnings per share were 7.55 sen compared with 1.05 sen.
At 9.15am, Malton rose 2.5 sen to 79 sen with 3.79 million shares traded.
Its revenue increased by 79.4% to RM116.38 million from RM64.89 million while pre-tax profit increased by 512.7% to RM38.6 million from RM6.3 million. Earnings per share were 7.55 sen compared with 1.05 sen.
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