Wednesday, August 4, 2010

Ann Joo Resources Berhad : 2QFY12/10 Net Profit Rises 71% QoQ - 04/08/2010

Beat expectations. 1HFY12/10 net profit of RM112.4m came in above expectations, accounting for 68.8-70.5% of our and the full-year market estimates. The key variance against our forecast came largely from higherthan- expected selling prices.

Ann Joo Resources Berhad : 2QFY12/10 Net Profit Rises 71% QoQ - 04/08/2010

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