KUALA LUMPUR (Nov 23): Econpile Holdings Bhd shares rose 2.04% this morning after its net profit for its first financial quarter ended Sept 30, 2017 climbed 28.9% to RM21.19 million from RM16.45 million a year earlier, thanks to higher revenue.
At 9.05am, Econpile rose 6 sen to RM3 wiith 108,800 shares done.
Econpile said quarterly revenue jumped 48.1% y-o-y to RM168.90 million from RM114.08 million due to significant progress billings from larger-ticket projects, including works for iconic properties like Maju Kuala Lumpur, Oxley Towers KLCC and Pavilion Damansara Heights.
It declared a first interim dividend of 1.5 sen per share. — theedgemarkets.com
For more stories, download EdgeProp.my pullout here for free.
TOP PICKS BY EDGEPROP
Prima Setapak Kondominium
Setapak, Kuala Lumpur
Medan Idaman Business Centre
Setapak, Kuala Lumpur
Taman Kepong (Kepong Garden)
Kepong, Kuala Lumpur
The Straits View Residences
Permas Jaya/Senibong, Johor