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Article: QL Resources on growth track
- Article from:
- New Straits Times
- Article date:
- March 2, 2009
- Author:
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Chong Pooi Koon
New Straits Times
03-02-2009
QL Resources on growth track
Byline: Chong Pooi Koon
Edition: Main/Lifestyle
Section: Business Times
Type: Company
QL RESOURCES Bhd, a diversified agriculture group and the biggest producer of semi-processed raw fish paste in Asia, is poised to meet analysts' expectations of a 10 per cent profit growth for its next fiscal year to March 2010, its chief said.
With just another month to go in the current fiscal, it is already on track to meet the 18 to 20 per cent consensus estimates in pre-tax profit for fiscal 2009, managing director Chia Song Kun said.
Net profit in the nine months through December 31 2008 rose 18 per cent to RM70.5 million, on 10 ...