Gamuda posts RM173mil Q2 net profit


Gamuda Singapore, a wholly owned subsidiary of Gamuda Bhd, made a joint bid of S$318.89mil (RM963mil) for the tract earmarked for executive condominium development .

PETALING JAYA: Gamuda Bhd posted a 22.5% year-on-year dip in net profit to RM173.14mil for the second quarter of the financial year ending July 31, 2019 (FY19), mainly due to the absence of its share of Splash profits.

Recall that the group had sold its stake in Splash at the end of last year.

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