reported a modest RM44.8 million profit for its first half of this year, the group said Thursday.It reported a slight increase in pre-tax profit for its second quarter at RM22.7 million from RM22.1 million in the first quarter.Managing Director Tan Sri Ahmad Ramli Mohd Nor said its patrol vessel project was progressing according to schedule."All the patrol vessels will be delivered to the Royal Malaysia Navy by early 2010," he said in a statment.Ahmad Ramli said the group's unit joint-venture, Boustead DCNS Naval Corporation Sdn Bhd, is also expected to contribute positively in the mid to long-term basis for the service support of the Scorpene class submarines.He said the group was also on target to deliver seven vessels in the second half of 2009 including three chemical tankers and two anchor handling tug support vessels.
ACCUMULATE TO SURF THE NEXT WAVE
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