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Courts Asia ekes out small Q3 gain on higher income tax expense

Published on Feb 14, 2014 10:24 PM

Mainboard-listed Courts Asia has posted a 1.7 per cent rise in third quarter net profit to $6.3 million.

Revenue for the three months to Dec 31 was up 4 per cent at $203.3 million.

Income tax expense rose by about half to $1.96 million from $1.31 million.

Earnings per share were flat at 1.12 cents while net asset value per share climbed to 52.3 cents compared to 51.7 cents as at March 31.

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