Vizione Q3 profit surges 120%
PETALING JAYA: Integrated construction engineering company Vizione Holdings Bhd ’s net profit surged by 120% to RM17.8mil in its third quarter to Feb 28, 2019, on the back of a 23% jump in revenue to RM165mil.
The higher earnings were mainly attributed to the submarine pipeline project in Penang and the Outer Ring Road project in Sabah.
For the nine-month period, net profit jumped to RM52.23mil from RM15.14mil in the same period of the previous year. Revenue also increased to RM490.21mil from RM302.49mil.
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