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Mudajaya's 3Q net profit up 336% to RM35m on-yr

KUALA LUMPUR: Mudajaya Group Bhd posted a stellar set of results, with earnings in the third quarter ended Sept 30, surging 336% to RM35.32 million from RM8.08 million a year ago following an increase in activities.

It said on Nov 11 revenue rose 78% to RM20.1 million from RM112.47 million, while earnings per share were 9.48 sen compared with 2.17 sen a year ago.

Its pretax profit of RM50.15 million was also 36.4% higher from the second quarter's RM36.8 million.
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