KUALA LUMPUR: KNM Group Bhd
’s net profit for its first quarter ended March 31, 2014 jumped more than six times to RM14.172mil compared to RM2.22mil a year ago driven by higher project progress recognition, better project contribution margin and lower operating cost.
The oil & gas company told Bursa Malaysia on Wednesday that its revenue rose 0.87% to RM493.89mil from RM489.61mil a year ago.
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