Warisan TC Hldgs posts higher profit of RM22.6m

Warisan TC Holdings Bhd has reported a higher profit before tax of RM22.638 million for the year ended Dec 31, 2011 from RM20.039 million previously.

Revenue for the period concerned was higher at RM470.423 million from RM363.816 million previously, it said in its filing to Bursa today.

Higher profitability was contributed mainly by machinery, travel and car rental as well as automotive divisions.

As for the quarter ended Dec 31, 2011, profit before tax increased to RM5.605 million from RM4.568 million previously. -- Bernama



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