KPower’s 2Q net profit surges to RM9.25mil


KUALA LUMPUR: KPower Bhd (formerly Kumpulan Powernet Bhd), posted net profit of RM9.25mil in the second quarter ended Dec 31,2020, a jump of nearly 400% from RM1.86mil a year ago.

In its announcement on Monday, it reported its revenue surged by 560% to RM90.06mil from RM13.63mil. Earnings per share were 11.68 sen compared with 2.44 sen. It declared an interim dividend of 2.26 sen per share.

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KPower , EPCC , construction

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