Goldis Bhd posted a significantly higher pre-tax profit of RM237.64 million in the third quarter ended October 31, 2011, compared to RM6.50 million recorded in the same period last year.
In a filing to Bursa Malaysia today, the company attributed the profit to gains from the disposal of a subsidiary amounting to RM221.2 million during the quarter.
There was also higher contribution from the property and investment segment, it said. Goldis' revenue increased to RM75.82 million against the RM50.64 million previously.
"Increase in revenue was due to higher contribution from the property, ICT, paper and hotel segment," it added. -- Bernama
In a filing to Bursa Malaysia today, the company attributed the profit to gains from the disposal of a subsidiary amounting to RM221.2 million during the quarter.
There was also higher contribution from the property and investment segment, it said. Goldis' revenue increased to RM75.82 million against the RM50.64 million previously.
"Increase in revenue was due to higher contribution from the property, ICT, paper and hotel segment," it added. -- Bernama
