Ranhill eyes overseas opportunities, as profits jump

Temporary anti-dumping measures on ethanolamine products produced in the Malaysia, Saudi Arabia, Thailand and the United States is also being introduced.

KUALA LUMPUR: Ranhill Holdings Bhd said it has started talks to expand its water treatment and electricity generation business overseas to boost growth, as earnings surged in the fourth quarter ended Dec 31.

Net profit rose 69% to RM22.45mil, the company said in a filing with Bursa Malaysia on Tuesday, despite a slight drop in revenue to RM372.5mil.