KUALA LUMPUR (May 7): eBworx Bhd net profit for the first quarter ended March 31, 2012 rose 24.9% to RM3.16 million from RM2.53 million a year earlier, due to improved profit margin and decrease in operating expenses during the quarter under review.
The company said on Monday that its revenue for the quarter rose 36% to RM14.99 million from RM11.02 million in 2011.
Earnings per share was 1.57 sen compared to 1.20 sen a year earlier, while net assets per share was 36.19 sen.
On its prospects, eBworx said that with the current order book, it anticipated the improved performance achieved in the financial year ended 31 December 2011, to continue for the financial year ending 31 December 2012.