Gamuda earnings soar in third quarter

Gamuda said its improved profitability was bolstered by better earnings performance from its property and construction divisions.(File pic shows Gamuda workers being trained in tunnelling works.)

KUALA LUMPUR: Gamuda Bhd’s net profit jumped 56.1% to RM221.48mil in the third quarter ended April 30 (3Q22) from RM141.88mil in the same period a year ago, mainly driven by higher overseas property earnings.

The group said its improved profitability was bolstered by better earnings performance from its property and construction divisions.