Wednesday, August 20, 2008

Batu Kawan announces 3Q FY2008 Report


Batu Kawan (BKAWAN) has announced the financial report of 3Q FY2008. These are the few key points of the report.

- The group achieved a substantially higher pre-tax profit of RM124.8 million against RM77.9 million reported in the corresponding quarter last year, mainly due to higher profit contribution from KLK.

- The group’s pre-tax profit for the current 9 months under review of RM387.0 million was 69.9% higher than the RM227.8 million achieved in the corresponding period last year.

- The EPS of current quarter is 28.01 sen against 17.15 sen in the corresponding quarter last year. The EPS for the current 9 months is 86.99 sen while the EPS for the corresponding period last year is 50.29 sen.

- Total assets of the group is 2,879.58 million while the total liabilities of the group is 88.63 million.

- The net assets per share is RM 6.34

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