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Article: MALAYSIA'S ADVENTA POSTS 38.8 PCT JUMP IN INTERIM PRE-TAX PROFIT.(Financial report)
- Article from:
- AsiaPulse News
- Article date:
- September 21, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KUALA LUMPUR, Sept 21 Asia Pulse - Glove maker Adventa Bhd (KLSE:7191) has posted an interim pre-tax profit of RM8.567 million (US$2.5 million), up 38.8 per cent from RM6.171 million a year earlier as it added capacities at its Kluang plant and following an improvement in margin from better procurement.
Revenue for the six months ended 31 July 2007 rose 21.2 per cent to RM96.512 million from RM79.651 million previously as sales of its premium products increased, it said in a filing to Bursa Malaysia on Sept 20.
Earnings per share climbed to 7.19 sen from 4.91 sen a year ago.
Adventa posted pre-tax profit of RM4.579 million for the second ...