Stocks to watch:* MRCB, DRB-Hicom, Genting, PetChem

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DRB so so nia profit

KUALA LUMPUR: DRB-HICOM BHD []’s earnings were 72% lower at RM72.39 million from RM259.36 million a year ago due to the absence of exceptional gains of RM211.43 million from the disposal of estates.
It said on Thursday, May 26 revenue rose 25.1% to RM1.99 billion from RM1.59 billion a year ago. Earnings per share were 3.75 sen versus 13.41 sen. It proposed a final dividend of four sen per share.
For the FY ended March 31, 2011, its net profit was flat at RM472.46 million compared with RM472.298 million in FY10.




KUALA LUMPUR: The big capitalised stocks, especially Genting Bhd and Petronas Chemicals Group Bhd would be in focus on Friday,...



KUALA LUMPUR: GENTING BHD []’s net profit surged 254% to RM824.17 million in the first quarter ended March 31 from RM232.43 million a year ago when the net profit then was affected by net impairment losses.
It said on Thursday, May 26 that revenue rose 57.2% to RM4.89 billion from RM3.11 billion while earnings per share were 22.25 sen compared with 6.29 sen.


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