Tag: profit

Leon Fuat Berhad’s Q4 Profit After Tax Jumps 61.8% to RM29 Million

Leon Fuat Berhad (“Leon Fuat” or the “Group”), a manufacturer and trader of steel products, specialising in rolled long and flat products today released the Group’s financial results for the fourth quarter ended 31 December 2021 (“Q4FY2021”) recording 61.8% growth in profit after tax (“PAT”) to RM29.09 million compared with RM17.98 million in the corresponding quarter of the preceding year (“Q4FY2020”). Calvin Ooi Shang How, Executive Director of Leon Fuat The Group is pleased to note that for the quarter under review, revenue increased by 27.8% to RM254.21 million compared with RM198.96 million in Q4FY2020 while profit before tax (“PBT”) ... Read more

MOIL Q3 net Profit Surges ~ 305%, Operational Revenue rises ~ 33%; Company registers Growth of 16% in Production

The Manganese Ore (India) Limited (MOIL), a schedule ‘A’ CPSE under Ministry of Steel reported 305% jump in its net profit at Rs 245.91 crore for nine months ended December 31, 2021, as against Rs 60.59 crore in previous year. Meeting of the Board of Directors of MOIL Limited approved financial results of the company for the quarter and nine months ended December 31, 2021. In the said meeting, they also recommended payment of interim dividend @ 30 % (i.e., Rs. 3.00 per share) for the year 2021-22. The company had paid interim dividend of ... Read more

ZEAL Invests 1% of Profit Into Bridging the Gap

 ZEAL, an award-winning software consultancy, today announced the commitment to invest 1% of its overall profit into the next generation of technical talent and bridging the digital divide. 50% of the investment went to LEARN academy, who is teaching a new generation of daring and diverse students to be compassionate, curious, and professional web developers. LEARN academy’s guaranteed internship and career services for life are helping to create more career pathways so anyone can enter and excel in the tech industry. “This investment and donation from ZEAL helps career changers in our community to become software engineers and designers, and ... Read more

IBO Technology (2708.HK) Announced Positive Profit Alert; Expects Profit Attributable to the Owners of the Company of not Less than RMB3 million

IBO Technology Company Limited (stock code: 2708.HK) has announced a positive profit alert that the profit attributable to the owners of the Company of not less than RMB3 million for the six months ended 30 September 2021 (Loss attributable to the owners of the Company of RMB15.45 million for the six months ended 30 September 2020), which was mainly attributable to: — the substantial increase in revenue and gross profit during the Reporting Period as compared to the Corresponding Period of 2020, as driven by significant increase in revenue from intelligent terminal products sales; — gain on change in fair ... Read more

Apex Ace’s Net Profit Rockets to HK$26.6 Million in 1H2021

Apex Ace Holding Limited (“Apex Ace” or the “Company”; Stock Code: 6036) and its subsidiaries (collectively referred as the “Group”), a Hong Kong-based supplier of digital storage products and electronics components along with relevant technical support, has posted a revenue of approximately HK$1,423.9 million, representing a year-on-year leap of approximately 97.6% for the six months ended 30 June 2021 (“1H2021” or the “Review Period”). Profit attributable to owners of the Company rocketed to approximately HK$26.6 million from the HK$1.0 million recorded for the six months ended 30 June 2020 (“1H2020” or the “Last Corresponding Period”). During the Review Period, the ... Read more