Moving forward, the group anticipates a good performance this year from ongoing construction projects and steady earnings from the water and expressway concessions division.
PETALING JAYA: Gamuda Bhd
saw its net profit for the second quarter ended Jan 31, 2017 rising 3.8% to RM166.3mil, mainly due to cost savings from the near-completion of underground works for the Klang Valley Mass Rapid Transit (KVMRT) Line 1.
The group also recorded a 61.9% jump in revenue for the quarter to RM853.9mil compared to a year ago.
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