KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) posted a net profit of RM101.17mil for the financial year ended Dec 31, 2018 (FY18) compared with RM161.91mil in 2017.
This was on the back of a 29.2% decline in revenue to RM1.87bil due to the absence of RM1.1bil revenue from the regeneration and redevelopment of the KL Sports City in Bukit Jalil completed in July 2017, it announced to Bursa Malaysia.
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