MRCB Q1 income slides to RM4.1mil


At the close of trading yesterday, the construction and property development company was up by 1.5 sen to 60 sen. A total of 21.18 million shares changed hands. The Main Market-listed MRCB was also among Bursa Malaysia

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) has posted a net profit of RM4.13mil in the first quarter ended March 31, (1Q19) from RM21.52mil in the same period last year, but expects the pace of recognition from the third light rail transit (LRT3) project joint venture (JV) to pick up.

Pre-tax profit came in at RM8.4mil for the three-month period.

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