Above expectation. Seacera recorded 4QFY12/09 net profit of RM3.6m, bringing FY12/09 net profit to RM8.4m (+107.4% yoy), above our full year forecasts (130.2%), mainly due to better operating profit (+67.8% yoy) and lower-than-expected tax expense.
Seacera Tiles Berhad : Better-Than-Expected Earnings - 01/03/2010
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