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News Room

25 Apr 2013

Tambun Indah net profit up

The Star

KUALA LUMPUR: Tambun Indah Land Bhds net profit rose to RM11.7mil in the first quarter ended March 31, against RM9.15mil in the same period a year ago on the back of higher sales.

Its revenue for the quarter grew 18.7% to RM78.3mil from RM66mil a year ago. Its earnings per share, meanwhile, stood at 3.77 sen in the first quarter.

The favourable increase in the revenues in the current quarter was contributed mainly by the property development segment, which recorded an increase of RM12.7mil or 19.8% in revenue compared to the preceding corresponding quarter, the company said in the notes accompanying its financial results.