Time dotCom records 2Q net profit of RM69.79mil


KUALA LUMPUR: TIME Dotcom Bhd recorded a 24.56% drop in net profit to RM69.79mil for the second quarter ended June 30, 2020, as compared to RM92.5mil in the previous corresponding quarter.

Pre-tax profit however was 1.6% higher year-on-year to RM97.9mil as compared to RM96.4mil previously on the back of higher revenue growth, lower depreciation charges and lower interest expense.

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Time dotCom , Afzal Abdul Rahim

   

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