KUALA LUMPUR (April 12): Zhulian Corpoartion Bhd net profit for the first quarter ended Feb 29, 2012 rose 29.2% to RM28.39 million from RM21.98 million a year earlier, due mainly to the increase in revenue and share of profit of oversea operation.
It said on Thursday that its revenue for the quarter rose 30% to RM111.88 million from RM86.22 million in 2011, as overall, the export sales increased by 42%, due mainly to Thailand whilst the local sales increased by 18%, mainly contributed by high demand for the food & beverage and nutritional products.
Earnings per share was 6.17 sen while net assets per share was 85. 29 sen.
