Gamuda’s 2Q profit falls 12% to RM160.11m

KUALA LUMPUR (March 25): Gamuda Bhd, which is involved in construction and property as well as water concessions, saw a 12% drop in net profit in its second financial quarter ended Jan 31, 2016 (2QFY16) to RM160.

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Challenging days ahead, experts predict

It is expected that 2016 could spell another challenging year for the local real estate market unless the domestic and global economic situation improves, according to local property consultants polled by City&Country.

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