Minetech returns to the black in Q4


Executive chairman Datuk Awang Daud Awang Putera (pic) is upbeat on the group’s performance, especially during the current challenging times.

PETALING JAYA: Minetech Resources Bhd has returned to the black posting a net profit of RM4.97mil in the fourth quarter ended March 31, 2021 (Q4) on the back of higher revenue generated from new contracts, as well as proactive measures and initiatives undertaken by the group to manage costs.

In a statement, the group said its revenue jumped 89.5% to RM40.89mil in the quarter from RM21.57mil a year ago.

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