Construction unit boosts AZRB Q1 earnings

KUALA LUMPUR: Ahmad Zaki Resources Bhd's (AZRB) earnings jumped 82.3% to RM4.48mil in the first quarter ended March 31, 2014 from RM2.45mil a year ago due to better margin projects under its construction division.

It said on Tuesday its revenue increased by 9.6% to RM153.79mil from RM140.24mil. Earnings per share were 1.62 sen compared with 0.89 sen.