KUCHING: Property developer Ibraco Bhd, which has proposed a bonus issue following the completion of a fund raising exercise recently, has chalked up improved quarterly earnings.
In the second quarter ended June 30, 2015, Ibraco group’s net profit surged to RM8.4mil from RM5.9mil in the previous corresponding period despite lower revenue of RM52.2 mil against RM56.4mil previously. Earnings per share rose to 6 sen from 4.5 sen.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
