Destini Bhd's net profit for its third quarter ended Sept 30, 2015 rose 66% to RM7.1mil from RM4.2mil the same period last year due to the increase in demand for the group’s maintenance repair and overhaul services (MRO), and marine manufacturing services.
The company, which provides MRO services to the military said its revenue for the period more than doubled to RM90.3mil from RM39.1mil a year ago, while earnings per share increased to 0.88 sen from 0.54 sen a year ago.
For its nine months to-date, net profit increased 35% to RM11.55mil from RM8.5mil a year ago, while revenue jumped 70% to RM179mil from RM105mil compared to last year.
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The company, which provides MRO services to the military said its revenue for the period more than doubled to RM90.3mil from RM39.1mil a year ago, while earnings per share increased to 0.88 sen from 0.54 sen a year ago.
For its nine months to-date, net profit increased 35% to RM11.55mil from RM8.5mil a year ago, while revenue jumped 70% to RM179mil from RM105mil compared to last year.
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