MMC Corp Q2 profit surges on higher contribution from port ops

TheStar Mon, Aug 23, 2021 06:32pm - 2 years View Original


KUALA LUMPUR: MMC Corp Bhd's earnings more than doubled in the second quarter on higher revenue boosted by higher volume handled across its port operations.

The company made RM173mil in net profit for the three-month ended June 30 compared with RM77mil a year ago.

Revenue was up 16% to RM1.15bil compared with RM990mil previously.

"The port and logistics division is expected to continue the positive momentum in line with the expected economic recovery and growth this year," MMC said in a filing today.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

2194 0.000
GASMSIA 3.540
MALAKOF 0.675

Comments

Login to comment.