In a filing with Bursa Malaysia, KNM said the contract, awarded by Technip Italy SpA, is for the design, detailed engineering and fabrication of air cooler heat exchangers at the Middle East Oil Refinery in Alexandria.
KUALA LUMPUR: Process equipment maker KNM Group Bhd
posted its first quarterly net profit in two years, boosted by strong contributions from its businesses in Europe, on the back of improvement in the petrochemical industries.
The company made a net profit of RM18.4mil, or 0.79 sen a share in the first quarter ended March 31, as revenue increased 7.6% to RM363.4mil.
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