Friday 26 Apr 2024
By
main news image

KUALA LUMPUR (Feb 16): Melati Ehsan Holdings Bhd expects to maintain its 6% after-tax profit margin for financial year ending Aug 31, 2015 (FY15).

"Based on our historical numbers, our after-tax profit were around 6%, and we are expecting this to maintain for FY15," the turnkey contractor's managing director Tan Sri Yap Suan Chee told the press after its annual general meeting today.

Melati Ehsan's recently released result for the  first financial quarter ended Nov 30, 2014 (1QFY15) showed pre-tax profit fell 34.56% to RM4.48 million from RM6.85 million a year ago.

It said the decline was mainly due to lower margin.

As of market break, Melati Ehsan had risen four sen or 3.7% to RM1.12, giving it a market capitalisation of RM134.4 million.

 

      Print
      Text Size
      Share