Group CEO Jeffery Mohamad Akhir said for the facilities management operations, GFM remained focused on replenishing orderbook as it sought new contracts from the public and private sectors.
PETALING JAYA: Integrated facilities management service provider GFM Services Bhd
recorded a lower net profit of RM1.3mil for its first quarter to March 31,2020 compared with RM5.5mil previously.
Revenue dipped to RM31.1mil from RM42.4mil in the same period of the previous year. This was mainly attributable to lower revenue recognition arising from the completion of several major contracts in March 2019.
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