The Sun (Malaysia)

HARTALEGA Q2 PROFIT UP 6%

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PETALING JAYA: Hartalega Holdings Bhd’s net profit for the second quarter ended Sept 30 rose 6.1% to RM120.22 million from RM113.34 million a year ago in tandem with higher sales as a result of growing demand from customers and higher average selling prices. The group achieved revenue of RM714.24 million, representi­ng a growth of 22.2% from the correspond­ing quarter in the preceding year of RM584.62 million. The board has declared a first interim dividend of 2.2 sen per share for the quarter under review. For the six months period, its net profit jumped 16.9% to RM245.09 million from RM209.73 million, while revenue expanded 19.8% from RM1.19 billion.

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