KUALA LUMPUR: PBA HOLDINGS BHD []'s net profit surged 105% to RM11.03 million from RM5.37 million a year ago mainly due to the improved sale of water revenue from trade consumers.
It said on Monday, May 23 that revenue rose 15.3% to RM56.31 million from RM48.85 million while earnings per share were 3.33 sen compared with 1.62 sen. Group profit before tax of RM13.2 million increased by 99.0% as compared to the preceding year corresponding quarter of RM6.7 million.
'The increases were mainly due to the improved sale of water revenue from trade consumers,' it said.
When compared with 4Q 2010, it said revenue increased from RM50.4 million to RM56.3 million while the group profit before tax of RM13.2 million was up by RM300,000 compared to the RM12.9 million largely due to the increased in trade revenue.
It said on Monday, May 23 that revenue rose 15.3% to RM56.31 million from RM48.85 million while earnings per share were 3.33 sen compared with 1.62 sen. Group profit before tax of RM13.2 million increased by 99.0% as compared to the preceding year corresponding quarter of RM6.7 million.
'The increases were mainly due to the improved sale of water revenue from trade consumers,' it said.
When compared with 4Q 2010, it said revenue increased from RM50.4 million to RM56.3 million while the group profit before tax of RM13.2 million was up by RM300,000 compared to the RM12.9 million largely due to the increased in trade revenue.
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