Eversendai quarter one net profit jumps to RM26.6mil


The research firm noted that Eversendai

PETALING JAYA: Eversendai Corp Bhd’s net profit for its first quarter ended March 31, 2018 jumped 74% to RM26.61mil from RM15.26mil in the previous corresponding period, bolstered mainly by higher profit from South-East Asia, the oil and gas (O&G) segment and higher foreign exchange gain.

Revenue in the first quarter dropped to RM391.28mil from RM395.97mil a year earlier, said the engineering and construction services company in a filing with Bursa Malaysia yesterday.

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