PETALING JAYA: Paramount Corp Bhd posted a 94% year-on-year (y-o-y) increase in net profit in the third quarter ended Sept 30, mainly due to the RM23.3mil gain made on the disposal of its controlling stake in three KDU tertiary education institutions.
The property and education player told the stock exchange yesterday that its bottom line in the three-month period rose to RM30.3mil, up from RM15.62mil in the third quarter of the previous financial year.
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