Salcon returns to the black in third quarter

TheStar Wed, Nov 17, 2021 07:40am - 2 years View Original


For the cumulative period, Salcon posted a net profit of RM16.87mil compared with a net loss of RM6.24mil in the nine months to September 2020, thanks to the new addition of the healthcare division to its operations. (File pic shows a Salcon water treatment plant.)

PETALING JAYA: Salcon Bhd returned to the black with a net profit of RM8.27mil for the third quarter ended Sept 30, 2021 (Q3’21), compared with a net loss of RM2.03mil in the corresponding quarter last year.

During the quarter in review, the construction and property company’s revenue rose 21% to RM73.37mil from RM60.22mil in Q3’20.

For the cumulative period, Salcon posted a net profit of RM16.87mil compared with a net loss of RM6.24mil in the nine months to September 2020, thanks to the new addition of the healthcare division to its operations.

...

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

SALCON 0.270

Comments

Login to comment.