KUALA LUMPUR: KAF-SEAGROATT & CAMPBELL BHD [] returned to profitability with a net profit of RM6.55 million in its first quarter (1Q) ended Aug 31, 2009, from a loss of RM4.71 million a year earlier.
The brokerage and investment holding company posted a revenue of RM10.1 million, up 87.7% from RM5.38 million a year earlier, while earnings per unit stood at 5.46 sen per share from a loss of 3.93 sen a year earlier.
Profit before tax for the current quarter stood at RM8.23 million, 39.3% lower compared to the profit-before tax of RM13.57 million in the preceding quarter. This is mainly due to the higher writeback in allowance for the diminution in the value of equity investment made in the preceding quarter coupled with lower interest income for the current interim period, according to notes accompanying the result announced yesterday
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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