Sunday 19 May 2024
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KUALA LUMPUR (Nov 22): Dialog Group Bhd shares rose 3.04% this morning after its net profit nearly doubled to RM160.93 million in the first financial quarter ended Sept 30, 2017 from RM81.34 million a year ago, on the back of a fair value gain of investment properties at RM65.6 million.

At 9.10am, Dialog rose 7 sen to RM2.37 with 933,300 shares traded.

This follows the acquisition of the remaining 45% stake in a jointly controlled entity, Centralised Terminals Sdn Bhd, which has been renamed as Dialog Terminals Sdn Bhd, in the current quarter under review.

Quarterly revenue climbed 19.1% to RM778.66 million from RM653.55 million.

 

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