Cypark Q3 net profit at RM17mil

TheStar Fri, Oct 01, 2021 08:20am - 2 years View Original


Cypark solar project

PETALING JAYA: Cypark Resources Bhd recorded a firmer financial performance in its third quarter (Q3) ended July 31, 2021 with net profit rising 3.3% to RM16.7mil while revenue rose 18.4% to RM65.9mil.

The quarter had seen a reduction in finance costs by 65% to RM0.98mil and basic earnings per share for the quarter was at 2.77 sen.

Cyparks renewable energy park in PajamCyparks renewable energy park in Pajam

Cypark said, in the notes to its financial statements, that improvements in revenue for the quarter was mainly contributed by the continuous work progress from the large-scale solar projects and specialist and consultancy works performed.

...

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

CYPARK 0.915

Comments

Login to comment.