KUALA LUMPUR (Feb 29): PLANTATION [] company, BLD Plantations Bhd recorded an increase of 9.6% to RM25.13 million for its fourth quarter ended Dec 31, 2011, from RM22.93 million a year ago, on the back of increased sales and higher selling prices.
It said on Wednesday, revenue increased by 19.4% to RM489.56 million from RM409.93 million. Earnings per share were 29.57 sen compared to 26.98 sen.
BLD Plantations said the increased sales under its refinery and kernel crushing arm and higher average selling prices of its products help boost revenue.
For its financial year ended Dec 31, 2011, revenue was up 44.26% to RM1.897 billion from RM1.315 billion. Profit jumped 67.2% to RM101.33 million from RM60.61 million.
It said on Wednesday, revenue increased by 19.4% to RM489.56 million from RM409.93 million. Earnings per share were 29.57 sen compared to 26.98 sen.
BLD Plantations said the increased sales under its refinery and kernel crushing arm and higher average selling prices of its products help boost revenue.
For its financial year ended Dec 31, 2011, revenue was up 44.26% to RM1.897 billion from RM1.315 billion. Profit jumped 67.2% to RM101.33 million from RM60.61 million.
