Wednesday, December 14, 2011

Goldis edges up in early trade

KUALA LUMPUR (Dec 14): GOLDIS BHD [] shares advanced on Wednesday after its net profit for the third quarter ended Oct 31, 2011 surged to RM237.4 million from RM11 million a year earlier, due mainly to the gain on disposal of a subsidiary amounting to RM221.2 million.

At 9.15am, Goldis added 11 sen to RM1.90 with 30,900 shares traded.

Revenue for the quarter rose 49.7% to RM75.82 million from RM50.64 million in 2010.

The company on Tuesday declared a gross second interim dividend of half a sen and 9.50 sen single tier per ordinary share, to be paid Jan 18, 2012.

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