IJM records lower Q3 earnings; secures projects in Malaysia, India


IJM Corp chief executive and managing director Datuk Soam Heng Choon(filepic) said that so far, it had secured quality projects in Malaysia and India. Among the construction mandates IJM Corp has secured so far are the building of the HSBC Malaysia headquarters, Menara Prudential and foundation works for the Affin Group building at the Tun Razak Exchange. In India, the group was awarded the RM1.5bil Solapur-Bijapur tollway concession project.

PETALING JAYA: Construction, property and plantation group IJM Corp Bhd has registered a lower net profit of RM101.36mil on a turnover of RM1.57bil in its third quarter ended Dec 31, 2017.

Last year, the group recorded RM138.54mil and RM1.6bil in net profit and turnover, respectively, in the corresponding period.

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