THE earnings of Industrial Concrete Products Bhd (ICP), a manufacturer of concrete piles, have been moderate in recent years. This is against a backdrop of slow construction activity and one of ICP's public-listed competitors even operating in the red.
It was, therefore, out of the norm for ICP to post a net profit of RM18.9mil in the first six months ended Dec 31, 2004, an increase of more than 100% over the previous corresponding period.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
