The education division, however, fared worse with revenue dropping 7% to RM66mil from the comparative quarter and PBT falling 48% to RM6.5mil excluding the gain on disposal of the Sri KDU campus.
PETALING JAYA: Paramount Corp Bhd’s net profit in the third quarter ended Sept 30 came in at RM15.62mil, 81% lower than in the previous year’s quarter due to a gain on disposal completed in the earlier quarter.
The group had made a one-off gain of RM77.8mil from the sale of its Sri KDU campus to Alpha REIT in the third quarter of financial year 2017.
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