Opcom banks on new business and export to boost revenue after slow Q1


The 20-year contract secured by its unit Metro Parking Management Philippines Inc would also include the construction of an additional 208-bays of steel deck parking structure in MBP - a bustling business hub in the affluent suburb near Alabang Town Centre, one of Metro Manila

KUALA LUMPUR: Opcom Holdings Bhd is hoping its strategy to expand business activities and export markets will boost future revenue and profit margin after earnings showed a slight improvement in the first quarter.

The fiber optics cable company, in which Kedah Menteri Besar Datuk Seri Mukriz Mahathir is a major shareholder, posted a net profit of RM833,000 in the three months ended June 30 compared with RM681,000 made a year ago.

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