Gas Malaysia posts improved 3Q net profit of RM62.36mil


KUALA LUMPUR: Gas Malaysia Bhd posted a net profit of RM62.36mil in the third quarter ended Sept 30, 2021, a 22.49% improvement over RM50.91mil in the previous corresponding quarter despite a drop in revenue.

It said in a bourse filing that profitability rose on higher gross profit, lower administrative expenses and lower finance costs.

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