October 23, 2009

Three-A climbs on higher earnings

Written by Joseph Chin
Friday, 23 October 2009 09:12

KUALA LUMPUR: THREE-A RESOURCES BHD []'s share price climbed in early trade on Friday, Oct 23 after it reported a strong set of earnings.

At 9.06am, it was up five sen to RM1.49. There were 1.77 million shares transacted.

The FBM KLCI rose 2.47 points to 1,262.69. Turnover was 35.8 million shares valued at RM30.3 million.

On Thursday, Three-A Resources reported net profit for the third quarter ended Sept 30, 2009 (3QFY09) doubled to RM5.89 million from RM2.99 million on the back of higher revenue.

Revenue rose 14.5% to RM45.14 million from RM39.43 million a year ago. Earnings per share were 1.91 sen against 0.97 sen.

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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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