KUALA LUMPUR (March 1): Vivocom International Holdings Bhd shares fell as much as one sen or 11% to eight sen after the construction company said fourth quarter net loss stood at RM2.64 million compared to a net profit of RM821,000 a year earlier.

At 10:20am, Vivocom, which was traded among Bursa Malaysia's 10 most-active counters, saw some 31 million shares transacted.

Yesterday, Vivocom said full-year net profit for financial year ended Dec 31, 2017 dropped to RM14.59 million from RM53.9 million a year earlier. Revenue fell to RM181.73 million from RM365.03 million, the company said. — theedgemarkets.com

For more stories, download EdgeProp.my pullout here for free.

SHARE
SPONSORED CONTENT
Alora Residences, Avenue25—Forest-inspired integrated development in the heart of Subang Jaya

With a 300m covered walkway to an LRT station, premier amenities nearby, and a wealth of lifestyle facilities, this address delivers the essence of modern living.

read more
RELATED POSTS
  1. Malaysia’s construction sector expands 10.6% in 3Q, work value hits RM45.4 bil—DOSM
  2. Oriental Interest’s 4Q net profit up 10% on better showing by property, construction segments
  3. GDB plans placing out 10% of its shares to raise RM39 mil for working capital