Protasco records RM8.7m net profit in 1H

Protasco records RM8.7m net profit in 1H

The Malaysian Reserve-News·2019-09-05 13:49

PROTASCO Bhd continues to gather strength, posting a nine-time jump in its first half of 2019 (1H19) net profit to RM8.7 million, despite a slightly lower revenue for the six months ended June 30, 2019.

The group’s 1H net profit surged 882% to RM8.7 million from RM881,000. This improved performance came despite revenue dropping 11% to RM354.9 million, due to lesser periodic works awarded to its maintenance segment.

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