KUALA LUMPUR: ECM Libra Financial Group Bhd posted net profit of RM15.41 million in the second quarter ended July 31, a contrast from the net loss of RM4.15 million a year ago.

Announcing its results on Sept 28, it said revenue rose 182% to RM34.17 million from RM12.1 million a year ago. Earning per share were 1.88 sen compared with loss per share of 0.5 sen.

"For the current quarter under review, the group recorded a profit before tax of RM15.6 million. This is largely contributed by increased level of broking activities resulting in net brokerage income of RM13.9 million. In addition, the group recorded RM6.4 million in investment and trading income," it said.

On the outlook, it said the group's fundamentals and balance sheet remained strong and it expected to show satisfactory performance in the current financial year.

For the first half, net profit increased 188% to RM20.35 million from RM7.06 million in the previous corresponding period. Revenue increased 52.5% to RM57.41 million from RM37.65 million.