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Wednesday, November 26, 2008

KNM - third-quarter profit jumped 70 per cent

KNM Group Bhd, a Malaysian oil and gas services provider, said third-quarter profit jumped 70 per cent from a year ago because of increased orders and capacity.
Net income in the three months ended September rose to RM103.4 million (US$29 million), or 2.73 sen a share, from RM61 million, or 1.66 sen a share, in the year earlier period.
Revenue gained 93 per cent to RM746.2 million, it said in a statement today. - Bloomberg

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