Sunway Construction third quarter net profit higher


SunCon managing director Chung Soo Kiong(pic) said the group was still actively seeking both external and in-house jobs.

PETALING JAYA: Sunway Construction Group Bhd’s (SunCon) net profit rose 8% to RM36.41mil in the third quarter ended Sept 30 from RM33.72mil in the corresponding quarter last year, driven by its construction and precast segments.

During the quarter in review, the construction company saw its revenue rising 13.4% to RM557.32mil from RM491.36mil in the previous corresponding quarter.

Subscribe now for a chance to win your dream holiday!

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!
   

Next In Business News

Oil prices fall on lingering Chinese demand concerns
FBM KLCI turns negative, returns below 1,630
MAA raises 2024 vehicle sales estimate to 765k
BMI forecasts positive consumer spending growth in Malaysia
WCT shares jump 8% on Kwasa Land job
Ringgit rebounds to open higher vs US$
Citaglobal shares climb 10% on news of partnership with SUS
FBM KLCI crosses 1,630 hurdle as rally continues
Fed's Powell: Latest data 'add somewhat to confidence' inflation is returning to 2%
Trading ideas: BIMB, PMB, Ekovest, WCT, M&A Equity, PTT, UUE, Citaglobal, Econframe, Advancecon, MGRC, BTM, Elridge, KHPT, TMK

Others Also Read