KKB Engineering's shares rise 3.37% on Q3 net profit
21 Nov 2017 / 11:08 H.
PETALING JAYA: KKB Engineering Bhd’s shares rose 3.37% this morning after announcing a net profit for its third quarter ended Sept 30, 2017.
At 10.41am, its share price rose 3.37% or 3 sen to 92 sen with a total of 1.20 million shares traded. KKB gained 4.5 sen or 5.33% to 89 sen yesterday with a total of 843,100 shares traded.
During the quarter, the group posted a net profit of RM4.97 million from a net loss of RM135,000 in the previous corresponding quarter on the back of higher revenue.
Revenue for the quarter surged 78.3% to RM49.3 million, compared with RM27.6 million in the same period last year.