DNeX second quarter net profit climbs to RM12.16mil


Barring any unforeseen circumstances, DNeX said it expects to deliver positive results for 2018. The group will continue to build its business by exploring opportunities that leverage on building blocks of its existing IT and e-services and energy businesses, while focusing on the implementation of planned new initiatives.

PETALING JAYA: Dagang Nexchange Bhd’s (DNeX) net profit for its second quarter ended June 30 grew 2% to RM12.16mil from RM11.93mil in the previous corresponding period, boosted by recurring income from operating and managing its vehicle entry permit (VEP) and road charge (RC) system.

Earnings were also bolstered by continued growth in the group’s business-to-business (B2B) and business-to-government (B2G) segments.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Dagang , Nexchange , quarter , DNeX , profit , revenue ,

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
March industrial production index up 2.4%, but below forecast
Data centre – boon or bane?
Perak Corp gets extension

Others Also Read