Eversendai Q1 net loss narrows to RM3.84mil


Eversendai said the increase in revenue was mainly due to higher progress billings from ongoing and new projects commenced during the current period under review in the energy segment followed by India and the Middle East region.

PETALING JAYA: Eversendai Corp Bhd’s net loss narrowed to RM3.84mil in the first quarter ended March 31 (Q1) from RM10.14mil in the same quarter a year ago.

Its revenue rose 36.3% to RM311.37mil in the quarter against RM228.49mil last year.

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