WCT reported its 3Q10 earnings of RM30.56mn, which represents a 9.5% decline in earnings sequentially. Consequently, 9M10 earnings decreased YoY by 13.3% to RM99.3mn.
IOI Corp reported 1Q FY11 results yesterday, -2.6%yoy to RM408mn, accounting for 19% of our FY forecast. Results included forex translation gain on US$ debt and impact of FRS 139 accounting.
TSH Resources 9M10 net profit. Earnings dragged by lower ASP of Indonesian CPO , lower yields from newly matured trees and higher tax expenses. FY10F earnings cut by 12%
CB Industrial Product 3Q10 net profit exceeded expectations
3Q10 was lifted by improved operating efficiencies and higher earnings from associates and JVs. FY10F-12F earnings increased by 5-12%
Kossan Rubber Industries. 3Q10 net profit of RM28.6m (-5% q-o-q) and 9M10 of RM88.9m. Operating margins were lower at 14.4% due to cost pressures
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