KUALA LUMPUR: SAPURA INDUSTRIAL BHD [] shares edged up on Thursday, Sept 29 after its net profit for the second quarter ended July 31, 2011 rose 11.6% to RM7.21 million from RM6.46 million a year earlier, mainly due to model mix and cost improvement efforts throughout the group.
At 9.30am, Sapura Industrial added six sen to RM1.11 with 18,000 shares traded.
The company said on Wednesday, Sept 28 that its revenue for the quarter, however, slipped to RM75.93 million from RM78.72 million in 2010 due to lower volume.
Earnings per share was 9.90 sen compared to 8.87 sen a year ago, while net assets per share was RM1.10.
For the six months ended July 31, Sapura Industrial's net profit rose to RM12.44 million from RM11.12 million in 2010, albeit on the back of lower revenue of RM142.75 million from RM152.39 million a year earlier.
At 9.30am, Sapura Industrial added six sen to RM1.11 with 18,000 shares traded.
The company said on Wednesday, Sept 28 that its revenue for the quarter, however, slipped to RM75.93 million from RM78.72 million in 2010 due to lower volume.
Earnings per share was 9.90 sen compared to 8.87 sen a year ago, while net assets per share was RM1.10.
For the six months ended July 31, Sapura Industrial's net profit rose to RM12.44 million from RM11.12 million in 2010, albeit on the back of lower revenue of RM142.75 million from RM152.39 million a year earlier.
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