Atis Corp Bhd posted RM2.06 million lower pre-tax profit for the third quarter ended Sept 30, 2011 from RM30.44 million recorded in the same period last year.
The company said its revenue rose to RM195.267 million from RM187.464 million in the same quarter last year.
For the current financial year, the group recorded RM678.1 million higher revenue or by 35.2 per cent as compared to the same period last year.
The improvement was attributed to Nadayu Properties Bhd, an Atis' subsidiary, acquired at the end of the third quarter in the last financial year, it said in a filing to bursa Malaysia.
The group expected a satisfactory performance in the fourth quarter despite uncertainties in the business environment. -- Bernama
The company said its revenue rose to RM195.267 million from RM187.464 million in the same quarter last year.
For the current financial year, the group recorded RM678.1 million higher revenue or by 35.2 per cent as compared to the same period last year.
The improvement was attributed to Nadayu Properties Bhd, an Atis' subsidiary, acquired at the end of the third quarter in the last financial year, it said in a filing to bursa Malaysia.
The group expected a satisfactory performance in the fourth quarter despite uncertainties in the business environment. -- Bernama
