Salcon returns to the black in third quarter

For the cumulative period, Salcon posted a net profit of RM16.87mil compared with a net loss of RM6.24mil in the nine months to September 2020, thanks to the new addition of the healthcare division to its operations. (File pic shows a Salcon water treatment plant.)

PETALING JAYA: Salcon Bhd returned to the black with a net profit of RM8.27mil for the third quarter ended Sept 30, 2021 (Q3’21), compared with a net loss of RM2.03mil in the corresponding quarter last year.

During the quarter in review, the construction and property company’s revenue rose 21% to RM73.37mil from RM60.22mil in Q3’20.