Hock Seng Lee 2Q net profit rises two-fold on stronger contribution from construction segment
The Sarawak-based infrastructure company saw its net profit increase 121.58% to RM8.76 million from RM3.95 million.
The Sarawak-based infrastructure company saw its net profit increase 121.58% to RM8.76 million from RM3.95 million.
... to sell and purchase electricity generated from solar photovoltaic systems.
Revenue slipped 38.47% to RM28.84 million from RM46.87 million last year.
The date was fixed by Federal Court deputy registrar Rasidah Roslee during case management today.
For all five JV projects, TAFI’s wholly-owned subsidiary Gerak Mahir Sdn Bhd will be bearing the cost of the development, while the JV partners will be providing the project land.
For the quarter, revenue increased by 60.19% to RM90.06 million from RM56.22 million in the previous year.
Judicial Commissioner Ong Chee Kwan, who granted the extension, also fixed Nov 25 to hear the group’s sanction application to approve a scheme of arrangement.
Besides Sarawak, lower daily figures were also seen for places including Sabah and Kuala Lumpur.
For the Klang Valley, about 7.09 million individuals or 84.2% of its total population had received at least one dose as of yesterday.
The 334 deaths brought the country’ total Covid-19 linked fatalities to 24,078 so far.