Thursday 24 November 2011

Mulpha Q3 pre-tax profit drops to RM10m

Mulpha International Bhd's pre-tax profit for the third quarter ended Sept 30, 2011, dropped to RM10.226 million from RM16.734 million recorded in the same period last year.

Revenue decline to RM172.751 million from RM180.755 million previously.

Mulpha in filing to Bursa Malaysia today said the higher pre-tax profit was contributed substantially by the gain on disposal of Hilton Melbourne Airport Hotel amounting to RM242.5 million. -- Bernama



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