MyEG posts higher quarterly net profit of RM54mil

PETALING JAYA: My EG Services Bhd (MyEG) recorded a 62.8% year-on-year (y-o-y) higher net profit for the third quarter of the financial year ended March 31, 2017 on the back of higher transaction volumes for its foreign workers-related services and increase in revenue contribution from its motor vehicle trading related services.

In a filing with Bursa Malaysia, the e-Government services provider announced that its bottom line was up to RM53.9mil compared with the RM33.11mil earnings registered a year earlier.