HIL Industries’ earnings double in second quarter


HIL said its revenue would mainly stem from its Amverton Links (pic) and its completed project, 108 terrace house in Bukit Kemuning and Amverton Greens

PETALING JAYA: HIL Industries Bhd’s net profit has doubled to RM4.28mil in the second quarter ended June 30 (Q2) from RM2.15mil a year ago, driven by its manufacturing and property divisions.

In a filing with Bursa Malaysia, the group said its revenue rose 16.8% to RM25.59mil in the quarter from RM21.91mil in the corresponding period a year ago supported by the manufacturing segment.

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