KUALA LUMPUR: British American Tobacco (Malaysia) Bhd shares rose in early trade on Friday, July 22 after it declared interim dividends totaling 90 sen per share.
At 9.45am, BAT was up 40 sen to RM46.60 with 5,300 shares done.
BAT on Thursday declared a second interim dividend of 60 sen per share totaling RM171.32 million and a special interim dividend of 30 sen per share amounting to RM85.66 million, both tax exempt under the single-tier tax system,in respect of the financial year ending Dec 31, 2011.
Its net profit for the second quarter ended June 30, 2011 slipped 0.9% to RM184.14 million from RM185.84 million a year earlier, impacted by lower volumes and loss of 14's pack size margin, partially offset by higher net pricing and productivity savings.
BAT said on Thursday, July 21 that its revenue for the quarter rose to RM1.04 billion from RM993.87 million in 2010. Earnings per share was 64.50 sen, while net assets per share was RM1.76.
For the six months ended June 30, BAT's net profit fell 3.9% year-on-year to RM362.69 million from RM377.74 million on the back of revenue RM2.04 billion.
At 9.45am, BAT was up 40 sen to RM46.60 with 5,300 shares done.
BAT on Thursday declared a second interim dividend of 60 sen per share totaling RM171.32 million and a special interim dividend of 30 sen per share amounting to RM85.66 million, both tax exempt under the single-tier tax system,in respect of the financial year ending Dec 31, 2011.
Its net profit for the second quarter ended June 30, 2011 slipped 0.9% to RM184.14 million from RM185.84 million a year earlier, impacted by lower volumes and loss of 14's pack size margin, partially offset by higher net pricing and productivity savings.
BAT said on Thursday, July 21 that its revenue for the quarter rose to RM1.04 billion from RM993.87 million in 2010. Earnings per share was 64.50 sen, while net assets per share was RM1.76.
For the six months ended June 30, BAT's net profit fell 3.9% year-on-year to RM362.69 million from RM377.74 million on the back of revenue RM2.04 billion.
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