<div class=newsTextDataWrapInner><p>This article first appeared in<em> The Edge Financial Daily,</em> on November 16, 2015.</p></div>

<div class=newsTextDataWrapInner><p><strong>LCTH Corporation Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>Share price of LCTH (Fundamental: 2.1/3, Valuation: 1.4/3) jumped 7.2% to a one-year high of 81.5 sen last Friday on heavy volume. The increase follows its 3Q2015 results and interim dividend announcements last Thursday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>For 9M2015, net profit more than doubled to RM15.5 million despite a 7.6% decline in revenue to RM87.9 million. The improved profitability was attributed to better operational efficiencies, focus on higher margin projects, as well as forex gains of RM5.0 million.</p></div>

<div class=newsTextDataWrapInner><p>Concurrently, LCTH announced an interim dividend of 0.5 sen per share, bringing year-to-date dividends to 1 sen per share. At current price, this translates into a net yield of 1.2%. The dividend will go “ex” on November 26.</p></div>

<div class=newsTextDataWrapInner><p>LCTH manufactures and sub-assembles precision plastic parts and components, as well as fabricates precision mould and dies. In 2014, about 58% of its sales were denominated in foreign currencies — primarily SGD, Euro and USD.</p></div>

<div class=newsTextDataWrapInner><p><img alt="LCTH-Corp_Chart_FD_16Nov15_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/LCTH-Corp_Chart_FD_16Nov15_theedgemarkets.png" /></p></div>


This article first appeared in The Edge Financial Daily, on November 16, 2015.

LCTH Corporation Bhd (-ve)

Share price of LCTH (Fundamental: 2.1/3, Valuation: 1.4/3) jumped 7.2% to a one-year high of 81.5 sen last Friday on heavy volume. The increase f...

Stock With Momentum: LCTH Corporation

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