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.