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Mulpha profit drops
 
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Mulpha profit drops
Mar 01, 2011
NSTP
MULPHA International Bhd chalked up a lower pre-tax profit of RM55-12 million for the fourth quarter ended December 31 2010 from RM61-37 million registered in the same quarter of 2009- However, revenue rose to RM279-13 million from RM235-86 million recorded previously- For the 12-month period, Mulpha recorded a pre-tax profit of RM92-87 million to reverse a pre-tax loss of RM44-48 million in 2009- Group revenue rose to RM798-56 million from RM671-87 million previously, it said in a filing to Bursa Malaysia yesterday- The better results were mainly due to the strength of property and hotel operations, especially in Australia-...

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