2Q10 net profit grew 57.4% yoy. Wellcall’s 2QFY09/10 net profit of RM3.2m (+57.4% yoy; -27.6% qoq) came in within our and consensus expectations with 1H net profit of RM7.6m (+35.7% yoy) accounting for 48% and 46% of our and consensus full-year estimates respectively.
Wellcall Holdings Berhad : No Surprises - 17/5/2010
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