Above expectation. 1HFY06/10 net profit of RM8.1m came in above our expectation, at 56.7% of our full-year forecast. We believe the variance against our forecast came largely from the lower-than-expected effective tax rate of 17.6% vis-à-vis 25% we projected.
Freight Management Berhad : 1HFY06/10 Net Profit Rises 20% YoY - 01/03/2010
2 comments:
S&P (2/03/2010) recommended STRONG buy
FYI
http://malaysiafinance.blogspot.com/2010/03/freight-management-better-coverage-now.html
Choong Khuat Hock wrote in The Edge...
http://www.theedgemalaysia.com/component/content/article/155681.html
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