GCORP ... Oct09

GENERAL CORP NET PROFIT FOR 2QE JUL 2009 INCREASES 5-FOLD

GENERAL CORPORATION's Net Profit for 2QE Jul 2009 rose more than five-fold to RM24.5m from RM4.5m same quarter a year ago due mainly to its Singapore unit's construction projects.

Revenue surged more than two-fold to RM418.1m from RM178.7m. EPS rose to 8.26 sen from 1.53 sen, while Net Assets per share rose to RM2.04 from RM1.89.

NO DIVIDEND DECLARED
No dividend was declared.

1HE JUL 2009 NET PROFIT ROSE 300%
For 1HE Jul 2009, Net Profit rose more than three times to RM36.0m from RM10.1m same period a year ago. Revenue surged two-fold to RM642.4m from RM273.9m a year earlier, while EPS rose to 12.13 sen from 3.43 sen.