IJM Q3 pre-tax profit rises to RM621.7m

IJM Corporation Bhd's pre-tax profit for the third quarter financial year ended December 31, 2012 rose marginally to RM621.7
million from RM610.8 million in the same quarter in 2011.

Revenue spiralled to RM3.409 million from RM3.304 million.

In a filing to Bursa Malaysia today, IJM said the 3.2 per cent increase was due to significant growth in the construction, property and infrastructure divisions.

It said the movements in foreign exchange rates also resulted in unrealised loss of RM16.5 million in the current year-to-date compared to unrealised loss of RM40.4 million in the preceding year-to-date.