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Monday, November 17, 2008

Tan Chong Motor Q3 revenue hits RM1b

Tan Chong Motor Holdings Bhd’s revenue surged past the RM1bil mark in the third quarter, the first time in a single quarter, driven by new models.

Announcing a set of stellar results on Monday, it said the revenue rise 69% to RM1.002bil from RM593.03mil a year ago.

Net profit jumped to RM95.42mil from RM33.17mil. Earnings per share was 14.3 sen compared with 4.97 sen a year ago.

 

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