PETALING JAYA: Multi-Purpose Holdings Bhd (MPHB) net profit increased 205.29% to RM260.14mil for the fourth quarter to Dec 31, 2011 on the back of a 2.18% increase in revenue to RM913.91mil.
The company has declared an interim dividend of 5 sen less income tax, which will be paid on March 30 to shareholders registered as at March 15.
The exceptional net profit for the period was due to exceptional gains derived from the sale of properties within the group.
Segmentally, gaming contributed almost 90% of MPHB revenue for the quarter at RM800.42mil. This was followed by financial services at RM62.79mil, corporate and others at RM47.59mil and stockbroking, at RM6.24mil.
However, on a pre-tax basis, the corporate segment and others was the biggest profit contributor at RM192.98mil due to exceptional gains. Gaming contributed RM84.07mil while the financial services and stockbroking divisions contributed RM12.48mil and RM4.05mil respectively.
For the full year, MPHB net profit increased 60.65% to RM482.03mil on the back of a 1.64% rise in revenue to RM3.54bil. So far, it has paid 10 sen in dividends.
As of the period, the company has RM1.04bil cash. It has short-term borrowings of RM53.9mil and long-term borrowings of RM2.11bil.
The company has declared an interim dividend of 5 sen less income tax, which will be paid on March 30 to shareholders registered as at March 15.
The exceptional net profit for the period was due to exceptional gains derived from the sale of properties within the group.
Segmentally, gaming contributed almost 90% of MPHB revenue for the quarter at RM800.42mil. This was followed by financial services at RM62.79mil, corporate and others at RM47.59mil and stockbroking, at RM6.24mil.
However, on a pre-tax basis, the corporate segment and others was the biggest profit contributor at RM192.98mil due to exceptional gains. Gaming contributed RM84.07mil while the financial services and stockbroking divisions contributed RM12.48mil and RM4.05mil respectively.
For the full year, MPHB net profit increased 60.65% to RM482.03mil on the back of a 1.64% rise in revenue to RM3.54bil. So far, it has paid 10 sen in dividends.
As of the period, the company has RM1.04bil cash. It has short-term borrowings of RM53.9mil and long-term borrowings of RM2.11bil.
