Wednesday, December 11, 2013

Goldis Post Higher Profits

KUALA LUMPUR, Dec 10 (Bernama) -- Goldis Bhd's pre-tax profit for the third quarter ended Oct 31, 2013 surged to RM37.51 million from RM9.87 million in the same period last year.

Revenue rose to RM32.89 million from RM23.12 million in the same period last year, the company said in a filing to Bursa Malaysia Tuesday.

"The higher result was due to higher contributions from the property investment and development segment," the company added.

Goldis is an investment company with private equity investments in Malaysia and China. It focuses on life sciences, water and waste water treatment, information and communications technology and organic aquaculture.