BCM AL­LIANCE’S NET PROFIT RISES 32% IN SEC­OND QUAR­TER

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: BCM Al­liance Bhd, which is en route for list­ing on Bursa Malaysia next Mon­day, re­ported a 32.2% in­crease in net profit to RM2.59 mil­lion for the sec­ond quar­ter ended June 30, 2016 against RM1.96 mil­lion in the pre­vi­ous cor­re­spond­ing pe­riod, driven by higher con­tri­bu­tion from the com­mer­cial laun­dry equip­ment and med­i­cal de­vices busi­nesses. Rev­enue for the quar­ter un­der re­view ex­panded 4% from RM17.02 mil­lion to RM17.7 mil­lion. In a fil­ing with the stock ex­change, BCM said bar­ring any un­fore­seen cir­cum­stances, it is of the opin­ion that the prospects for the re­main­ing pe­riod to the end of the fi­nan­cial year end­ing Dec 31, 2016 will re­main favourable.

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