Analabs focusing on cost control

TheStar Thu, Dec 17, 2020 08:50am - 5 months ago


Analabs Resources said the lower earnings were dragged down by the business segment of contract work, pipe-laying and rehabilitation

KUALA LUMPUR: Expecting the business environment to remain challenging, Analabs Resources Bhd said it would continue to be cautious in its cost control.

Net profit is lower at RM2.4mil for the second quarter ended Oct 31, on revenue of RM26.9mil. This compared with its earnings of RM2.8mil on revenue of RM30mil in the corresponding quarter a year ago.

It said the lower earnings were dragged down by the business segment of contract work, pipe-laying and rehabilitation.

It has proposed a dividend of two sen per share.






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