VIZIONE ACTIVE, UP 2.67% ON RECORD EARNINGS

///VIZIONE ACTIVE, UP 2.67% ON RECORD EARNINGS

VIZIONE ACTIVE, UP 2.67% ON RECORD EARNINGS

Surin Murugiah / theedgemarkets.com

January 16, 2019 09:27 am +08

KUALA LUMPUR (Jan 16): Vizione Holdings Bhd shares rose 2.67% in active trade after it posted another quarter of record earnings as net profit for the quarter ended Nov 30, 2018 almost tripled to RM19.44 million from RM6.55 million a year earlier due to the construction works undertaken during the period by its subsidiary, Wira Syukur (M) Sdn Bhd.

At 9.09am, Vizione rose 2.5 sen to 96 sen with 2.33 million shares traded.

Earnings per share rose to 3.62 sen from 0.19 sen.

Quarterly revenue grew 12.53% to RM165.75 million from RM147.3 million a year ago.

For the cumulative six months, Vizione’s net profit increased almost four-fold to RM34.46 million from RM7.08 million a year ago, while revenue rose 92.88% to RM325.25 million from RM168.63 million.

2019-01-18T09:38:53+08:00