Monday, 12 December 2011

SYF Res gains on Q1 profit turnaround

SYF Resources Bhd, a home-furnishings company, advanced to its highest level in a week in Kuala Lumpur trading after posting first-quarter net income of RM39.2 million, compared with a RM581,000 loss a year earlier.

The stock gained 1.4 percent to 70.5 sen at 9:09 a.m. local time, set for its highest close since Dec. 5. -- Bloomberg



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