UOA Devt Q2 net profit up 6% to RM125m


UOA Development Bhd's recorded a 6% increase in its net profit to RM125.09mil in the second quarter ended June 30, 2019 from RM118.03mil a year ago due to progressive recognition from its current projects.

KUALA LUMPUR: UOA Development Bhd's recorded a 6% increase in its net profit to RM125.09mil in the second quarter ended June 30,2019 from RM118.03mil a year ago due to progressive recognition from its current projects.

It said in a statement to Bursa Malaysia on Monday its revenue increased by 12.9% to RM344.33mil from RM304.96mil. Earnings per share were 6.78 sen compared with 6.81 sen.

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