Hartalega's share price rise 3.24% on higher Q1 profit

PETALING JAYA: Hartalega Holdings Bhd’s share price rose 3.24% this morning after the group reported a 29.6% rise in net profit for the first quarter ended June 30, 2018.
At 11.38am, its share price was 3.24% or 20 sen higher at RM6.37 with 3.78 million shares traded, making it one of the top gainers.
The group’s net profit for the quarter soared 29.6% to RM124.87 million from RM96.39 million a year ago, driven by higher sales volume and additional production capacity.
Revenue for the quarter rose 17.5% to RM706.35 million from RM601.04 million a year ago.