not vested
August 21, 2014
Dialog Group FY14 earnings up 11.6% to RM215.87m
KUALA LUMPUR: Dialog Group Bhd's earnings rose 11.6% to RM215.87mil in the financial year ended June 30, 2014 from RM193.29mil a year ago due to better performance by its Malaysian and international operations and higher contributions from its JV companies.
Dialog, which provides integrated technical services to the petroleum and petrochemical industry, said on Thursday its revenue rose 14.1% to a record of RM2.55bil from RM2.237bil.
The higher revenue was mainly contributed by the engineering and construction (E&C) activities. They were the Independent Deepwater Terminal project in Pengerang and Bitumen Terminal project in Tanjung Langsat.
"In addition, higher sales of specialist products & services and increased fabrication and plant maintenance activities had also contributed to the better performance by Malaysia operations," it said.
For the fourth quarter ended June 30, 2014, its earnings were flat at RM52.236mil when compared with RM52.235mil a year ago. Revenue was 5.4% lower at RM643.73mil versus RM680.59mil a year ago.
Earnings per share were 2.15 sen compared with 2.17 sen. It recommended a final single tier cash dividend of 1.1 sen per share based on the enlarged share capital after the one-for-one bonus issue in July 2014.
Source: The Star