Kurnia Asia nets RM26m in 3Q (ext: Edge)

Kurnia Asia Bhd's (KAB) net profit jumped to RM26.39 million in the third quarter ended March 31, 2009 (3Q09) from a net loss of RM25.42 million a year earlier, even as revenue fell 7.1% to RM280.62 million from RM301.99 million.

Earnings per share improved to 1.77 sen from a loss per share of 1.71 sen.

The company said the improvement was mainly contributed by its unit Kurnia Insurans (Malaysia) Bhd (KIMB).