Property developer Glomac Bhd’s net profit in the last quarter ended Apr 30 almost doubled to RM12.4mil from RM6.9mil a year ago on higher property sales and fair value gains on certain buildings held for investments.
The improved performance boosted its full year (FY10) net profit to RM40.7mil, up 27% from RM32mil in FY09. Full year revenue declined to RM318mil from RM345mil previously.
Glomac has proposed a final gross dividend of 4.5 sen a share, bringing its total payout for the year to 8.5 sen a share.
- by thestar.com.my
How can I make so much money from the stock market? Koon Yew Yin
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Another valuable advise by KYY on investing in share market.
*How can I make so much money from the stock market? Koon Yew Yin*
Author: Koon Yew Yin | Publi...
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