Jawala posts flat half-year profits

Singapore

CATALIST-LISTED timber company Jawala saw flattish earnings for the half-year - even as its subsidiary's main bank accounts and trading in its shares remain suspended.

Net profit for the six months to Jan 31 stood at RM6.03 million (S$2 million), up by 1 per cent year on year, according to unaudited financial statements released on Friday.