Wow. This is really a good news. Brem Holding Bhd released its quarterly report last friday after market closed. It was a great result!
Brem Holding Bhd 1Q net profit soars 17.35% from RM3,003,000 to RM3,524,000. Its basic earning per share jumps from 2.4 sen to 2.9 sen while its net tangible assets per share up to RM3.06 from RM2.97.
The Group's overall net profit had increased compared with the preceding year corresponding period due to higher contribution from water supply & services division and better results of the associated companies.
The Group recorded higher revenue of RM27.3 million for current quarter compared to the preceding quarter of RM19.6 million, representing an increase of RM7.7 million or 39.3%.
I really hope this good result can acts as a catalyst to push Brem share price higher. Then, Brem-wa would really jumps!
This good result keeps asking me to buy more Brem-wa. Ya, I think it would be a fantastic trade too.
Ok, good luck.
GOon
previous post regarding Brem
http://cathoon.blogspot.com/2009/08/brem-holdings-bhd.html
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