Wednesday, March 31, 2010

Hiap Teck Venture Berhad : 2QFY07/10 Net Profit Dips QoQ - 31/03/2010

Below expectations. 1HFY07/10 net profit came in below expectations, at 29.1-32.6% of our full-year forecast and the full-year market consensus. We believe the variance against our forecast came largely from the lowerthan- expected sales volumes.

Hiap Teck Venture Berhad :2QFY07/10 Net Profit Dips QoQ - 31/03/2010

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