Gadang profit up 10% driven by higher construction revenue


PETALING JAYA: Gadang Holdings Bhd’s net profit for the first quarter ended Aug 31 rose nearly 10% to RM18.34mil from RM16.70mil in the previous corresponding period, driven by higher revenue from its construction division.

The company’s revenue in the first quarter increased to RM116.74mil from RM103.85mil a year earlier.

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Business , Gadang , results , quarter

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