- Label : Mamee
The Group's turnover for the third quarter ended 30 September 2006 increased by 19% against same period last year. The positive turnover growth was contributed by higher domestic demand ahead of festive seasons. Higher margin sales mix, higher cost leverage, as well as lower percentage of advertising and promotion expenditures has resulted in higher profit before tax by 48% as compared to same period last year.
The Group's turnover for the 9 months ended 30 September 2006 increased by 16% against the same period last year. The positive turnover growth was contributed mainly by higher domestic demand. Profit Before Taxation increased by 65% against the same period last year. The significant increase in profit before tax was mainly due to higher margin sales mix, higher cost leverage, coupled with lower percentage of advertising and promotion expenditures during the 9 months ended 30 September 2006.
9 months EPS = 31.57sen
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