Friday, May 20, 2011

Malton active, up

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.

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