Wednesday 8 February 2012

JCY International 1Q net profit surges to RM162.45m

KUALA LUMPUR (Feb 8): Hard-disk drive manufacturer JCY International Bhd’s earnings surged to a record RM162.45 million in the first quarter ended Dec 31, 2011 from only RM7.51 million a year ago.

It said on Wednesday its revenue rose 27.3% to RM559.03 million from RM438.90 million a year ago.

JCY said the board was recommending an interim single tier tax exempt dividend of 2.0 sen per share for the financial year ending Sept 30, 2012.



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