Johan rises 1.75% after Q4 net loss narrows
22 Mar 2018 / 11:24 H.
PETALING JAYA: Johan Holdings Bhd's share price rose half a sen or 1.75% this morning, after it posted a lower net loss of RM22.7 million in the fourth quarter ended Jan 31, 2018, from RM23.67 million a year ago.
At 10.58am, the stock stood at 29 sen with 373,000 shares changing hands. It has a market capitalisation of RM177.5 million.
For the full year, its net loss also narrowed to RM22.3 million against RM37.2 million a year ago, while revenue fell 4.8% to RM122.5 million, from RM128.8 million previously.
Johan is the franchise operator of Diners Club charge and credit cards. It is also involved in tour and travel operations, manufacturing and marketing of ceramic tiles, property development, resorts and hotels.