Kimlun 2Q net profit up 37% on higher construction, manufacturing revenue

Kimlun 2Q net profit up 37% on higher construction, manufacturing revenue

The Edge Markets - Malaysia·2019-08-29 18:48

KUALA LUMPUR (Aug 29): Kimlun Corp Bhd's net profit rose 36.6% to RM13.45 million in the second quarter ended June 30, 2019 (2QFY19) from RM9.85 million a year ago, on higher revenue achieved by the construction and manufacturing and trading (M&T) divisions.

This resulted in a higher earnings per share of 4.05 sen for 2QFY19 compared with 3.07 sen for 2QFY18. Revenue for the quarter under review also increased 49.2% to RM325.17 million from RM217.97 million a year ago.

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