Group managing director Wan Azman Wan Kamal (pic) said the company had continued to benefit from its diversified business model, as the resilient performance from its property segment helped mitigate the weaker construction segment.
PETALING JAYA: Driven by its property development segment, Gagasan Nadi Cergas Bhd
’s net profit jumped more than four-fold to RM7.53mil for the second quarter ended June 30, 2021 (Q2’2021) from RM1.61mil during the movement-control-order-affected Q2’2020.
For the quarter in review, the construction group’s revenue rose 25.1% to RM50mil from RM40mil in Q2’2020.
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