KUALA LUMPUR: Coastal Contracts Bhd
’s net profit surged to RM43.84mil for the third quarter ended March 31,2020 from RM58,000 in the same period a year ago.
Revenue increased 40% to RM51.77mil from RM36.90mil previously.
In a filing with Bursa Malaysia, Coastal Contracts said its shipbuilding and shiprepair division registered a higher revenue of RM3.6mil during the quarter under review compared with RM20,000 in the same quarter in 2019. — Bernama
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