Mah Sing posts Q4 net profit of RM45mil

In a statement, the group said it had successfully achieved its target sales of RM1.5bil in 2019.

PETALING JAYA: Mah Sing Group Bhd recorded a net profit of RM44.99mil for its fourth quarter ended Dec 31,2019, compared with RM66.02mil in the previous corresponding period, while revenue in the fourth quarter stood at RM442.64mil from RM514.65mil in the previous corresponding period.

For the financial year ended Dec 31,2019, Mah Sing reported a net profit of RM200.33mil compared with RM271.58mil in the corresponding period, while revenue stood at RM1.79bil from RM2.19bil a year earlier.