KUALA LUMPUR: Gamuda Bhd ’s net profit jumped by 25% to RM224.02mil in the second quarter ended Jan 31, 2018 from RM179.19mil a year earlier.

Revenue for the quarter strengthened to RM1bil compared with RM853.88mil in the previous corresponding period, while earnings per share increased to 8.6 sen from 6.86 sen.

For the six-month period, net profit grew to RM441.79mil from RM354.22mil year-on-year, while revenue went up to RM1.77 bil from RM1.36bil.

“The increase in revenue and net profit for the current quarter and year to date was mainly due to higher work progress from the group’s various construction projects coupled with stronger overseas property sales and several new property projects in Malaysia,” said Gamuda in a filing with Bursa Malaysia yesterday.

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