Revenue for the quarter fell by 39.3% to RM62.16mil from RM102.4mil previously as a result of a lower contribution from large-scale solar (LSS) segments as most projects were completed. (File pic shows Solarvest's energy farm in Dengkil)
PETALING JAYA: Solar photovoltaic system specialist Solarvest Holdings Bhd
posted a 9.4% jump in net profit to RM4.0mil for the second quarter ended Sept 30, from RM3.66mil a year earlier thanks to higher contribution from its residential, and commercial and industrial (C&I) segment.
Revenue for the quarter fell by 39.3% to RM62.16mil from RM102.4mil previously as a result of a lower contribution from large-scale solar (LSS) segments as most projects were completed.
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