Powernet eyes energy, utility sectors as company returns to profit in Q4


KUALA LUMPUR: The new management at Kumpulan Powernet Bhd is seeking opportunities to expand into the energy, utilities, infrastructure and logistic sectors after the company posted a turnaround its last quarter.

In the last three month ended June 30, Powernet made a net profit of RM2.3mil compared with a loss of RM1.4mil previously.

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