Yongnam Holdings (Yongnam) earning report second quarter ended 30 June 2011

Indonesia stock info - Yongnam Holdings (Yongnam) earning report second quarter ended 30 June 2011 ; Yongnam Holdings (Yongnam) reported a 12.9% rise in profit to $15.1 million for the second quarter ended 30 June. Revenue however inched down 1.9% to $82.5 million, weighed by lower contribution from its structural steelworks segment following completion of projects at the Marina Bay Sands Integrated Resort.

Contribution from its specialist civil engineering segment cushioned the fall as its rose 17.7% to $40 million with key income from the Marina Coastal Expressway, MRT Downtown Line 2, Hong Kong MTR and the New Doha International Airport projects. For the first half, the bottom line grew 13.8% from $26.4 million to $30.1 million.

Yongnam Holdings (Yongnam) Stock prices prediction 2011-2012, Yongnam shares prices forecast 2011-2011

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