KUALA LUMPUR: Property developer HUA YANG BHD [] posted net profit of RM7.68 million in the third quarter ended Dec 31, 2010, up 180% from RM2.74 million a year ago, boosted by better sales and improved profit margins.
It said on Friday, Jan 21, revenue rose 81% to RM49.30 million from RM27.27 million a year ago. Earnings per share were 7.11 sen versus3.05 sen.
"The positive third quarter results were due to better sales for phases under development and from the improved profit margin," it said. ''
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It said on Friday, Jan 21, revenue rose 81% to RM49.30 million from RM27.27 million a year ago. Earnings per share were 7.11 sen versus3.05 sen.
"The positive third quarter results were due to better sales for phases under development and from the improved profit margin," it said. ''
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