Independent power producer Malakoff Corporation Bhd posted net profit of RM52.2mil in the second quarter ended June 30, 2019, which was a a slight decine from the RM52.54mil a year ago.
KUALA LUMPUR: Independent power producer Malakoff Corporation Bhd
posted net profit of RM52.2mil in the second quarter ended June 30,2019, which was a a slight decine from the RM52.54mil a year ago.
It said on Friday its revenue fell by 6.6% to RM1.81bil from RM1.94bil primarily due to lower energy payment recorded from Tanjung Bin Energy Sdn Bhd (TBE) coal plant following the plant’s 73-day scheduled maintenance outage and rectification undertaken from March 31 to June 12.
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