Sin Chew net profit beats prospectus forecast


SIN Chew Media Corp Bhd's net profit of RM59.8mil for the financial year ended March 31 exceeded its prospectus forecast by 9.3%. Its prospectus estimated net profit of RM54.67 mil. 

The company, which released its full-year results to Bursa Malaysia yesterday, posted sales of RM409.5mil. No figures for year-on-year comparison were given as the company made its debut on the main board on Oct 18, 2004. 

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