Construction drives IJM's net profit


IJM Corp managing director and chief executive officer Datuk Soam Heng Choon(filepic) said the company

PETALING JAYA: IJM Corp Bhd posted a 9% rise in net profit to RM126.40mil for the first quarter ended June 30 compared with the same quarter last year, mainly due to improved earnings from the construction, property development and infrastructure divisions.

Revenue in the quarter grew to RM1.47bil from RM1.31bil a year earlier. The company’s shares closed three sen lower at RM3.36 yesterday.

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