Wednesday, May 29, 2013

(BFW) MALAYSIA DAYBOOK: IJM, Bintulu, Silk, YNH, Lion Forest, Kwantas

+------------------------------------------------------------------------------+

MALAYSIA DAYBOOK: IJM, Bintulu, Silk, YNH, Lion Forest, Kwantas
2013-05-28 21:34:37.675 GMT


(To be sent this Daybook daily: SALT MYDAYBOOK)

By Elffie Chew and Chong Pooi Koon
May 29 (Bloomberg) -- IJM Corp., a construction company,
said net income declined 23 percent to 64.4 million ringgit
($21.2 million) in the fourth quarter ended March 31. Revenue
rose 3.3 percent to 1.25 billion ringgit.
Full-year net income climbed 2.9 percent to 420.9 million
ringgit because of higher earnings from construction and
properties, according to a stock exchange filing yesterday.
That's below the mean estimate of 472.6 million ringgit by 14
analysts, according to data compiled by Bloomberg.

EQUITY MOVERS:
* Bintulu Port (BPH MK): 1Q net falls to 36.4m ringgit from
43.8m ringgit yr ago
* Coastal Contracts (COCO MK): 1Q net 31.1m ringgit vs 30.8m
ringgit yr earlier
* Cocoaland (COLA MK): 1Q net falls to 4.1m ringgit from 5m
ringgit yr ago
* Dutch Lady Milk (DLM MK): 1Q net income climbs to 29m
ringgit from 27.5m ringgit yr ago
* Favelle Favco (FFB MK): 1Q net profit rises to 10.5m ringgit
vs 10.3m ringgit yr earlier
* Golsta (GSB MK): Plans to raise as much as 5.5m ringgit from
private placement of up to 10% shares
* Hap Seng (HAP MK): 1Q net income declines to 20m ringgit
from 43.3m ringgit yr earlier
* IJM Land (IJMLD MK): 4Q net income rises to 65.3m ringgit vs
55.8m ringgit yr earlier; declares 5 sen/shr dividend
* IJM Plantations (IJMP MK): 4Q net jumps 3-fold to 22.2m
ringgit from 7.1m ringgit yr earlier
* Kejuruteraan Samudra (KSTB MK): 3Q net 331,000 ringgit vs
loss of 837,000 ringgit yr ago
* Kwantas (KWAN MK): 3Q net income jumps to 13.6m ringgit from
2.2m ringgit yr earlier
* Leader Steel (LDST MK): 1Q net 3.3m ringgit vs loss of
233,000 ringgit yr earlier
* Lion Forest (POS MK): 3Q net climbs to 7.3m ringgit from
5.5m ringgit yr earlier
* Malton (MALT MK): 3Q net drops to 1.5m ringgit from 13.8m
ringgit yr earlier
* MTD ACPI (ACP MK): 4Q net profit 42.5m ringgit vs loss of
20.6m ringgit yr earlier
* Perwaja (PERH MK): 1Q loss of 18.5m ringgit vs net profit of
16.2m ringgit yr earlier
* Perstima (PER MK): 4Q net rises to 10.9m ringgit from 4.6m
ringgit yr earlier; declares 26.5 sen/shr dividend vs 20 sen
* Sarawak Plantation (SPLB MK): 1Q net falls to 7.5m ringgit
from 16.6m ringgit yr earlier
* Silk Holdings (SIB MK): Wins 36m ringgit contract from
Petrofac
* Southern Acids (SA MK): 4Q net profit 6.5m ringgit vs loss
of 576,000 ringgit yr earlier
* Tambun Indah (TILB MK): Agrees to sell land in Seberang Prai
for 12.9m ringgit
* Tekala (TEK MK): 4Q loss widens to 7.1m ringgit from 3.1m
ringgit loss yr earlier
* YNH Property (YNHB MK): 1Q net increases to 11m ringgit from
8.4m ringgit yr earlier


WHAT TO WATCH:
* Dutch Lady Milk (DLM MK) to hold annual shareholders'
meeting


MARKETS:
* Malaysia's FTSE Bursa Malaysia KLCI Index increased 0.5
percent
* The MSCI Asia Pacific Index gained 0.2 percent
* The Dow Jones Industrial Average rose 0.7 percent
* Palm oil August-delivery futures gained 0.3 percent


For Related News and Information:
Most-read stories about Malaysia today: MNI MALAY 1D <GO>
Malaysian economic statistics: ECST MA <GO>
Malaysian economic forecasts: ECFC MYR <GO>
Malaysian interest rate forecasts: BYFC MYR <GO>
Malaysia's key overnight policy rate: MAOPRATE <INDEX> GP <GO>

-- Editor:

To contact the reporters on this story:
Elffie Chew in Kuala Lumpur at +60-3-2302-7857 or
echew16@bloomberg.net
Chong Pooi Koon in Kuala Lumpur at +60-3-2302-7854 or
chong17@bloomberg.net

To contact the editor responsible for this story:
Barry Porter at +60-3-2302-7865 or
bporter10@bloomberg.net

Reactions:

0 comments:

Post a Comment

Note: Only a member of this blog may post a comment.