MPI earnings up nearly 30% to RM38m, declares 15 sen dividend


  • Business
  • Wednesday, 27 Apr 2016

It said on Wednesday the earnings increased from RM30.17mil a year ago. Its revenue was slightly higher at RM352.12mil from RM351.27mil. Earnings per share were 20.53 sen compared with 15.89 sen. The company declared a 15 sen per share dividend.

It said while the pre-tax profit for the third quarter was higher at RM47.5mil compared with the preceding quarter's RM37.1mil, the increase was mainly due to a tax insurance claim of RM16.7mil.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

S P Setia to launch Nadi 2, Setia Commerce Square in Setia EcoHill 2, Semenyih this weekend
Farm Price IPO oversubscribed by over 91.35 times
XOX to undertake RM303mil capital reduction
Uzma bags contract from Sarawak Shell
Loob Holding eyes Tealive chain expansion into Indonesia by year-end
WTK acquires 15% stake in Durafarm for RM28.3mil
TNB, YTL Power spur market rally
Gold set for second weekly fall; US payrolls on investors' radar
MARC Ratings revises Tropicana’s ratings outlook to stable
Asian currencies, stocks strengthen as Fed hints dovish stance

Others Also Read