DNeX posts RM89mil Q2 net profit


PETALING JAYA: Technology firm Dagang Nexchange Bhd (DNeX) posted a net profit that soared to RM89.5mil for the second quarter ended June 30 from the previous corresponding quarter’s RM3.91mil due to the contribution from Ping Petroleum Ltd.

Revenue jumped 109.68% to RM47.4mil mainly driven by the contribution from the Vehicle Entry Permit and Road Charges contract progress billing.

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