PETALING JAYA: GD EXPRESS CARRIER BHD
’s (GDex) earnings dropped 96% to RM210,000 for the third quarter (Q3) ended March 31,2020, from RM5.4mil in the corresponding quarter last year due to disruption from the Movement Control Order (MCO).
However, the express delivery and logistics group saw its Q3’20 revenue increase 13.2% to RM88.2mil from RM78mil thanks in part to contribution from its newly acquired Vietnam subsidiary company.
GDex’s shares rose 7.5sen to close at 44.5 sen yesterday.
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