Ranhill posts RM18.19mil profit in Q1


Group president and chief executive officer Tan Sri Hamdan Mohamad (pic) said it was encouraging to note that the group was able to turn in sustained earnings despite the challenging environment brought about by the coronavirus (Covid-19) pandemic.

PETALING JAYA: Ranhill Utilities Bhd’s net profit for the first quarter ended March 2020 came in 14.87% lower year-on-year (y-o-y) at RM18.19mil.

This was on the back of a quarterly revenue of RM368.28mil, which was 9.08% lower y-o-y.

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