MALAKOFF BHD said its net profit for the first quarter to November 2003 rose 13% to RM96.05mil because of contributions from the GB3 Sdn Bhd power plant and from Prai Power, which was acquired during the quarter.
Sales for the first quarter came to RM454.09mil compared with RM404.8mil a year ago while pre-tax profit increased to RM156.22mil from RM139.11mil previously. – AFX-Asia
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