GDB Q3 profit at RM6.4mil


PETALING JAYA: GDB Holdings Bhd’s net profit fell 14.4% to RM6.4mil in the third quarter ended Sept 30, against RM7.48mil a year ago on the back of lower revenue.

Additionally, the group faced rising construction material prices, various costs incurred during the full Movement Control Order (FMCO) and Covid-19 standard operating procedure compliance costs.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GDB , construction

Next In Business News

GEAR-uP needs a transparency tune-up
Mega port strategy in the dock
Investors turn to EMs
Telcos pay for DNB’s misfire
China’s slow stock rally gains investor trust
Majuhome� built to last
Genting’s high-stakes double-edged win
Cortina rolls out mobile homes for Winter Games
Super scheme blows the roof off
Thai market wades out of flood woes

Others Also Read