KUALA LUMPUR (Jan 19): ZHULIAN CORPORATION BHD [] net profit for the fourth quarter ended Nov 30, 2011 rose 18.54% to RM28.79 million from RM24.29 million a year earlier, due mainly to an increase in share of profit of equity accounted investee as well as the strengthening of the US dollar against the ringgit .
It said on Thursday that revenue for the quarter rose 2.29% to RM86.84 million from RM84.89 million in 2010.
Earnings per share was 6.26 sen compared to 5.26 sen a year earlier, while net assets per share was 85.29 sen.
The company declared a fourth interim single tier dividend of 3 sen per ordinary share of 50 sen each.
For the financial year ended Nov 30, Zhulian’s net profit rose to RM95.32 million from RM87.07 million in 2010, on the back of an increase in revenue to RM357.54 million from RM322.61 million.
On its prospects, Zhulian said it expects the group’s performance for year 2012 to be satisfactory.
It said on Thursday that revenue for the quarter rose 2.29% to RM86.84 million from RM84.89 million in 2010.
Earnings per share was 6.26 sen compared to 5.26 sen a year earlier, while net assets per share was 85.29 sen.
The company declared a fourth interim single tier dividend of 3 sen per ordinary share of 50 sen each.
For the financial year ended Nov 30, Zhulian’s net profit rose to RM95.32 million from RM87.07 million in 2010, on the back of an increase in revenue to RM357.54 million from RM322.61 million.
On its prospects, Zhulian said it expects the group’s performance for year 2012 to be satisfactory.
