KUALA LUMPUR: Scientex Bhd shares rose on Wednesday, June 22 after the company announced a dividend policy to pay a minimum of 30% of earnings as dividends.
At 9.10am, Scientex rose four sen to RM2.74 with 30,100 shares traded.
Scientex's earnings rose 21.2% to RM20.38 million in the third quarter ended April 30, 2011,underpinned by its property development. .
It said revenue climbed 21.1% to RM217.31 million from RM179.50 million while earnings per share were 9.48 sen compared with 7.81 sen.
For the nine-months period ended April 30, its earnings rose 32.9% to RM56.47 million from RM42.49 million while revenue increased by 19% to RM598.82 million from RM503.13 million.
At 9.10am, Scientex rose four sen to RM2.74 with 30,100 shares traded.
Scientex's earnings rose 21.2% to RM20.38 million in the third quarter ended April 30, 2011,underpinned by its property development. .
It said revenue climbed 21.1% to RM217.31 million from RM179.50 million while earnings per share were 9.48 sen compared with 7.81 sen.
For the nine-months period ended April 30, its earnings rose 32.9% to RM56.47 million from RM42.49 million while revenue increased by 19% to RM598.82 million from RM503.13 million.
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