Its job scope for the contract involves supplying concrete cement and metal for the upgrading of the Train Cargo Terminal at Padang Besar, Perlis, Dolphin said in a filing with Bursa Malaysia.
KUALA LUMPUR: Mega First Corp Bhd
's net profit for the financial year ended Dec 31, 2018, fell 6.5% year-on-year (y-o-y) to RM129.27mil on the back of 4.9% higher revenue of RM874.12mil.
In the fourth quarter of the year, the group's net profit had risen 45% to RM31.17mil from the previous corresponding quarter although revenue slipped marginally to RM220.93mil.
The group proposed a final dividend payout of two sen per share, which would bring total FY18 payout to four sen per share.
In a stock exchange filing, the group said pre-tax profit for the year was RM197.4mil, 6.6% higher from the previous year underpinned by an increase in construction profit of Don Sahong and lower losses by investment holdings and others.
"Losses from investment holding and others fell RM8.8 million to RM10.5 million mainly as a result of a RM13.6 million decrease in ESOS expense to RM0.4 million and higher gain from quoted investment, partially offset by lower foreign exchange gain," it said.
This was partially offset by a decrease in profit in the resources division and marginal decline in the property division, it added.
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