Taliworks profit bounces

Toll division boosts Q3 financial performance (File pic shows Taliworks' Cheras Kajang Highway)

PETALING JAYA: Taliworks Corp Bhd saw its revenue rising 23.8% year-on-year (y-o-y) to RM102.3mil while net profit grew 156% to RM41.4mil for its third quarter ended Sept 30, 2021 (Q3), mainly due to higher contribution from its toll division.

The infrastructure company, engaged in water treatment, supply and distribution, highway and toll management, waste management and construction and engineering, told Bursa Malaysia that its earnings per share in Q3 was 2.05 sen compared to 0.8 sen a year earlier.