Tasco sees six-fold jump in Q1 earnings


Tasco said both its international and domestic business solutions segments recorded increased revenues, reflecting the broad-based recovery of business activities amid the Covid-19 pandemic.

PETALING JAYA: Tasco Bhd’s net profit jumped almost six-fold to RM15.77mil for the first quarter ended June 30, 2021, from RM2.64mil in the corresponding quarter last year.

During the quarter in review, the company’s revenue grew 62.4% to RM290.05mil from RM178.57mil in the previous corresponding period.

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