PETALING JAYA: CJ Century Logistics Bhd returned to the black, with a net profit of RM11.06mil for the third quarter ended Sept 30, 2021 (Q3’21), thanks to gain on disposal of a subsidiary operating the courier services.
This compared with a net loss of RM544,000 in Q3’20.
For the quarter in review, CJ Century posted a lower revenue of RM187.82mil compared with RM197.29mil in Q3’20, due to lower activities in procurement logistics services segment.
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