Friday 11 November 2011

Equine rises on doubling Q2 profit

Equine Capital Bhd, a Malaysian property developer, rose the most in more than seven months in Kuala Lumpur trading, after reporting its second-quarter profit almost doubled to RM12 million from RM6.3 million a year earlier.

The shares rose 5.7 percent to 55.5 sen at 9:19 a.m., set for the steepest gain since April 1. -- Bloomberg
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