Majuperak Q1 earnings at RM1.67mil

“This was due to our single-minded focus on strengthening our core businesses of property development and management, facilities management and renewable energy, which continued to see good progress in the first quarter, contributing to our earnings growth, ” said group CEO Nizran Noordin (pic) in a statement.

KUALA LUMPUR: Majuperak Holdings Bhd posted a net profit of RM1.67mil for the first quarter ended March 31, 2021, on the back of improved revenue to RM13.45mil.

This is in comparison to a net loss of RM4.09mil, against revenue of RM2.17mil for the previous year’s corresponding quarter.