Time dot Com Q1 net profit up 27.8% to RM29.25m

The Star Friday 18th May, 2012

s net profit rose 27.8% to RM29.25mil in the first quarter ended March 31 from RM22.88mil a year ago on higher data revenue but it expects 2012 to be challenging. It said on Friday its revenue increased at a slower pace of 16% to RM81.26mil from RM70.06mil. Earnings per share were 1.16 sen compared with 0.9 sen. Time dot Com said the higher revenue was mainly from the groups data business. Its pre-tax profit rose 29% to RM29.60mil mainly to highe...

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