UCrest Q1 profit climbs to a new high

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: Earnings at Ucrest Bhd, the healthcare cloud system provider, climbed for a sixth consecutive quarters in the three-month ended Aug 31 to a new high.

Net profit in the first quarter rose 63% to RM4.94mil compared with RM3mil a year ago, as revenue improved to RM8.15mil.