02/11/2012 (The Star) - CB Industrial Product Holding Bhd’s pretax profit increased to RM30.27mil for the third quarter ended Sept 30 this year, from RM21.11mil in the same period last year.

Revenue increased to RM108.7mil from RM95.32mil.

In a filing with Bursa Malaysia, CB Industrial said the overall increase was mainly attributable to the improvement in the palm oil equipment and special purpose vehicles segments. “In view of the progress in the implementation of the projects secured in hand, we expect to achieve satisfactory results by the palm oil equipment and special purpose vehicles segments for the financial year ending Dec 31 this year,” it added.