Business

Dancomech net profit at RM12.85mil in FY16

Moody's outlook on the Korean banking system has been negative since May 2016.

PETALING JAYA: Valves manufacturer Dancomech Holdings Bhd recorded a net profit of RM3.31mil on the back of RM14.02mil in revenue for the fourth quarter to Dec 31, 2016.

There were no comparative figures for the company that was only listed in July 2016.

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