Gamuda Q3 net profit down 9.8% to RM160mil

PETALING JAYA: Gamuda Bhd recorded a 9.8% drop in net profit to RM160.4mil for the third quarter to April 30, 2015 mainly due to the completion of the Electrified Double Tracking Railway Project in Nov 2014.

Earnings per share dropped to 6.81 sen from 7.74 sen from the same period of the previous year. Revenue also dropped 12.6% to RM553.8mil.