Wednesday, August 25, 2010

Sunway Holdings Berhad : 1HFY12/10 Net Profit More Than Doubles From A Year Ago - 25/08/2010

•No issue. Excluding RM10.7m net exceptional gains, adjusted 1HFY12/10 net profit of RM77.8m came in at 57-58% of our full-year forecast and the full-year market consensus. However, we consider the results within expectations as we expect weaker contributions from its projects in the Gulf states in 3Q on the back of the traditionally slow period during the Ramadam month.

Sunway Holdings Berhad : 1HFY12/10 Net Profit More Than Doubles From A Year Ago - 25/08/2010

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