KUALA LUMPUR (April 20) : BRITE-TECH BHD [] shares rose as much as 4% on Friday morning after the water-treatment specialist said its audited profit after tax for financial year ended December 31, 2011 more than doubled following accounting adjustments for fair value gains in its investment PROPERTIES [].
The stock was up 0.5 sen to 13.5 sen at 10.34am with 30,000 shares done.
In a statement to the exchange on Wednesday, Brite-Tech said the audited figure came to RM3.05 million, a substantial 116% deviation from the unaudited figure of RM1.42 million announced last February.
The stock was up 0.5 sen to 13.5 sen at 10.34am with 30,000 shares done.
In a statement to the exchange on Wednesday, Brite-Tech said the audited figure came to RM3.05 million, a substantial 116% deviation from the unaudited figure of RM1.42 million announced last February.