WCT in the red again in 3Q on absence of land disposal gain

Builder-cum-property developer WCT Holdings Bhd has gone back to the red in the third quarter ended Sept 30, 2023 (3QFY2023) with a net loss of RM13.54 million despite stronger revenue compared to a net profit of RM12.49 million a year ago, due to absence of positive one-off items recognised in the previous corresponding quarter — including a land disposal gain.