Malton’s 2Q net profit increases 3-folds to RM36m (Edge)

Malton Bhd’s net profit for the second quarter increased three folds to RM36.4 million from RM9.3 million in the previous corresponding quarter.

Its revenue for 2QFY14 soared 164% to RM204.4 million, from RM77.3 million in 2QFY13.

For the six months to 31 Dec 2013, the group's net profit rose to RM40.5 million from RM17.7 million, and revenue rose to RM295.5 million from RM155.3 million.