Cuscapi 3rd Quarter Profit up to RM2.7M 🙂 Its a job well done for all my fellow VPs who has worked their ass off in getting the numbers in. The job doesn’t stop here. Q4 is just round the corner.. !!!
KUALA LUMPUR: Cuscapi Bhd’s net profit for the third quarter (3Q) ending Sept 30, 2007 rose to RM2.68 million from RM1.29 million a year ago mainly due to a RM1.93 million gain from the disposal of investment property in Shah Alam.
It said revenue was marginally lower at RM8.02 million due to delays in anticipated orders. Earnings per share was 1.2 sen.
For the nine months, Cuscapi’s net profit was RM5.46 million against the RM2.85 million a year earlier while revenue rose 18.56% to RM25.34 million from RM21.37 million.
Its chief executive officer Danny Leong said the improved results were largely driven by a stronger performance from its food and beverage (F&B) business management solutions and the new service lines offered.
Refer to: The Edge Daily