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Tuesday, August 19, 2014

Handal 2Q profit falls 12% on year, revenue higher at RM26m (Edge)

Crane manufacturer Handal Resources Bhd's net profit fell 12% to RM698,000 in the second quarter ended June 30, 2014 from RM789,000 a year earlier. Revenue, however, rose to RM25.66 million from RM21.54 million.

In a statement to the exchange today, Handal said first half net profit climbed to RM1.25 million from RM224,000 a year earlier. Revenue was higher at RM49.64 million versus RM41.28 million.

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