KUALA LUMPUR (Dec 23): HELP INTERNATIONAL CORPORATION [] Bhd shares retreated in early trade on Friday after its net profit for the fourth quarter ended Oct 31, 2011 fell 44.6% to RM3.59 million from RM6.47 million a year earlier, due to new student recruitment affected by delays in obtaining licences and approvals for operations.
At 9.20am, HELP fell five sen to RM1.66 with 2,000 shares traded.
Revenue for the quarter rose to RM28.44 million from RM27.33 million in 2010.
HELP had proposed a final gross dividend of two sen per share of 50 sen each, amounting to RM2.13 million for the financial year ending Oct 31, 2011.
At 9.20am, HELP fell five sen to RM1.66 with 2,000 shares traded.
Revenue for the quarter rose to RM28.44 million from RM27.33 million in 2010.
HELP had proposed a final gross dividend of two sen per share of 50 sen each, amounting to RM2.13 million for the financial year ending Oct 31, 2011.
