AWC posts 29% net profit growth in 1HFY19


AWC also highlighted plans to use Trackworks as a platform to venture into rail asset management.

KUALA LUMPUR: Engineering services firm AWC Bhd registered a 29% increase in net profit to RM13.08mil for the first half of the financial year ending June 30, 2019 (FY19) as compared to the same period last year.

The significant growth in earnings was due to a strong performance across all divisions and maiden contribution from the rail division.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

AWC

   

Next In Business News

UOA REIT expects office rental market to remain challenging
Ringgit rebounds to end higher vs US dollar
BHIC unit bags RMN submarine contract from Mindef worth RM43.6mil
Sapura Energy appoints Ganesh Gunaratnam as new CFO effective June 1
Capital A formulating regularisation plan to address PN17 status
Ajinomoto declares special dividend of RM2.12 from land sale
Epicon uplifted from PN17 status
Lotte Chemical Titan’s 1Q net loss narrows to RM178mil
Pasukhas gets data centre construction job worth RM56.98mil
FBM KLCI bucks regional downtrend

Others Also Read