KUALA LUMPUR: Boustead Heavy Industries Corp
Bhd posted a turnaround profit of RM15.93mil for its third quarter 2013 from a net loss of RM27.11mil a year ago from higher income by its maintenance, repair and overhaul (MRO) activities, coupled with improved performance by its submarine maintenance segment.
From its Bursa filing on Thursday, the group said its revenue more than doubled to RM81.16mil from RM38.46mil a year ago while earnings per share stood at 6.41 sen compared to a loss per share of 10.91 sen a year ago.
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