Thursday 29 December 2011

Quality Concrete posts smaller Q3 profit

Quality Concrete Holdings Bhd posted a smaller pre-tax profit of RM2.38 million for the third quarter ended Oct 31, 2011 against RM12.38 million recorded in the same period last year.

"However, revenue rose to RM49.82 million, during the period under review, from RM35.72 million registered previously," it said in a filing to Bursa Malaysia today.

The company said the higher revenue was mainly contributed by the group's property and construction divisions. -- Bernama



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