Tasco second quarter net profit rises 12% to RM3.3mil

  • Business
  • Thursday, 14 Aug 2008

PETALING JAYA: Trans-Asia Shipping Corp Bhd (Tasco) posted net profit of RM3.25mil for the second quarter ended June 30, up 12% from RM2.9mil a year ago, boosted by higher volume and new customers.

The total logistics solutions provider said revenue rose 10% to RM87mil from RM78.98mil previously. Earnings per share was 3.25 sen versus 3.8 sen.

For the first half, net profit rose 19% to RM6mil from RM5.07mil a year ago. Revenue increased 5% to RM167.25mil from RM158.52mil.

 TASCO :  [Stock Watch]  [News]

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