Wednesday 24 Apr 2024
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KUALA LUMPUR (Oct 31): Sino Hua-An International Bhd rose as much as 7.5 sen or 52% after the metallurgical coke producer reported a third quarter net profit at RM34.15 million against losses a year earlier.

Sino Hua-An shares climbed to their highest so far today at 35 sen. At 9:41am, the stock was traded at 31.5 sen with some 149 million shares transacted.

Bursa Malaysia's most-active stock Sino Hua-An was also the seventh-largest gainer.

Yesterday, Sino Hua-An said net profit stood at RM34.15 million in the third quarter ended September 30, 2017 (3QFY17) versus a net loss of RM10.2 million a year earlier.

The company reported a 9MFY17 net profit of RM55.12 million compared to net loss of RM33.45 million a year earlier.

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