Port operations lift MMC’s first quarter earnings
KUALA LUMPUR: A jump in contribution from its port operations boosted MMC Corp Bhd 
’s earnings in the first quarter.
Net profit in the three-month ended March 31 rose 29.4% to RM53.5mil compared with RM41.3mil made a year ago.
Revenue slipped 10.7% to RM1.28bil mainly due to lower contribution from its construction and engineering businesses.
The company said in a filing with Bursa Malaysia today that its performance affected by the contract revision of the MRT-SSP line project in November, as well lower progress from Langat sewerage project.
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