Kian Ann Engineering, the distributor of heavy machinery parts in Asia, says net profit attributable to shareholders declined 3.3% y-o-y to $9.8 million for the nine months ended 31 March 2010 (9MFY2010) from $10.2 million in 9MFY2009.
Posts Tagged ‘kian ann engineering’
Kian Ann Engineering posts 3.3% growth in net profit to $9.8m for 9MFY10
May 13th, 2010 |
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Kian Ann Engineering posts 28% growth in net profit to $7.3m for 1H
February 16th, 2010 |
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Kian Ann Engineering, the distributor of heavy machinery parts, reported a 28.1% growth in net profit after tax of $7.3 million for the six-month ended 31 December 2009 (1HFY2010).
Group sales increased slightly by $0.2 million from $73.6 million to $73.8 million for the period under review. Sales from Malaysia climbed 17.2% or $3.1 million to $21.3 million, primarily due to a continuous recovery in demand for parts from timber and palm oil industries.
Sales from other Asian countries decreased by 8.1% from $7.8 million to $7.2 million for the period under review as a result of lower demand from India and Pakistan.
Kian Ann Engineering – Corporate moves
December 4th, 2009 |
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Loy Soo Chew has been appointed ED wef Dec 1
Work experience: GM, Kian Ann Engineering Ltd
Tan Ngiap Joo has been appointed independent non-ED wef Dec 1
Work experience: Chairman, United Engineers Ltd; deputy president, Oversea-Chinese Banking Corp Ltd; CEO, Bank of Singapore (Australia) Ltd