KUALA LUMPUR (Feb 23): CENTURY LOGISTICS HOLDINGS BHD []'s pre-tax profit for the financial year ended Dec 31, 2011 increased to RM36.222 million from RM35.971 million in the previous year.
Its revenue increased to RM281.654 million from RM270.444 million previously.
In a statement on Thursday, Century said 86 per cent of the revenue was derived from Total Logistics Services and Oil and Gas Logistics while Procurement Logistics Services contributed the balance.
In the fourth quarter, Century posted a lower pre-tax profit of RM6.106 million as compared with RM8.977 million in the previous corresponding period while its revenue dropped to RM61.174 million from RM63.738 million.
Century said it intended to declare a final single-tier dividend of 7.0 sen per share, pending shareholders’ approval at the forthcoming annual general meeting.
Century had earlier paid interim single-tier dividend of 5.0 sen, bringing the total single-tier dividend for 2011 to 12.0 sen per share, the highest quantum of dividend declared since listing its in 2001.
Century is exploring the possibility of improving its dividend payout. - Bernama
Its revenue increased to RM281.654 million from RM270.444 million previously.
In a statement on Thursday, Century said 86 per cent of the revenue was derived from Total Logistics Services and Oil and Gas Logistics while Procurement Logistics Services contributed the balance.
In the fourth quarter, Century posted a lower pre-tax profit of RM6.106 million as compared with RM8.977 million in the previous corresponding period while its revenue dropped to RM61.174 million from RM63.738 million.
Century said it intended to declare a final single-tier dividend of 7.0 sen per share, pending shareholders’ approval at the forthcoming annual general meeting.
Century had earlier paid interim single-tier dividend of 5.0 sen, bringing the total single-tier dividend for 2011 to 12.0 sen per share, the highest quantum of dividend declared since listing its in 2001.
Century is exploring the possibility of improving its dividend payout. - Bernama
