KUALA LUMPUR: UOA Development Bhd
's net profit fell 81.47% year-on-year (y-o-y) to RM23.19mil in the second quarter ended June 30, 2020, from RM125.09mil on lower progressive recognition of the group's projects as construction was halted during the movement control order (MCO).
Revenue for the quarter was RM140.9mil or 59.05% lower than RM344.33mil in the comparative quarter.
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