Lower Q4 earnings for Gadang; less revenue, higher taxes


PETALING JAYA: Lower revenue and higher tax expenses have led construction outfit Gadang Holdings Bhd to post a slightly lower earnings for its final quarter of financial year 2017 ended May 31, at approximately RM29.99mil.

In a filing with Bursa Malaysia, the company announced that its net profit for the fourth quarter fell by 3.5% year-on-year (y-o-y), compared to the RM31.07mil made a year earlier.

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Business , Gadang

   

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