Soilbuild Group said net profit for the third quarter rose 10 per cent thanks to higher sales.
Net profit for the three months ended September 30 rose to $16.8 million from $15.3 million a year ago. Revenue for the third quarter was up 39 per cent to $95 million from $68.4 million a year ago.
Net profit for the nine months jumped 25 per cent to $55.6 million from $44.6 million.
No dividend was declared for the quarter.
Source: Business Times, 12 Nov 2009
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