Friday 29 Mar 2024
By
main news image

This article first appeared in The Edge Financial Daily on September 4, 2018

Kim Teck Cheong Consolidated Bhd (+ve)
Trading of shares in Kim Teck Cheong Consolidated Bhd (KTC) (fundamental: 0.15/3, valuation: 0.3/3) settled unchanged at 17.5 sen yesterday, valuing the company at RM89.3 million. It was the second time this year that trading of KTC shares triggered our momentum algorithm.

The counter saw 3.74 million shares done, compared with its 200-day average volume of 685,321.5 shares.

KTC was back in the black in fourth quarter ended June 30, 2018 with a net profit of RM3.26 million compared to a net loss of RM785,000 a year ago, as revenue grew 16.8% to RM136.39 million from RM116.76 million.

But for the full FY18, the group registered a net loss of RM1.42 million compared to a net profit of RM1.03 million a year ago, despite revenue rising 7.1% to RM458.81 million from RM428.57 million.

      Print
      Text Size
      Share