Hua Yang Bhd recorded a 161 per cent increase in pre-tax profit for the fourth quarter ended March 31, 2011 to RM11.635 million from RM4.460 million in previous corresponding period. Revenue for the quarter jumped to RM66.716 million from RM27.213 million, the property developer said in a statement today. The company's full year pre-tax profit rose to RM34.388 million from RM15.775 million while revenue rose to RM188.865 million from RM103.542 million. "The strong growth in revenue and profit is attributed to better sales performance achieved during the financial year," it said. -- Bernama
HUA YANG KENNGGGGGGGGGG-Q4 pre-tax profit surges 161pc
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