Gadang net profit soars in Q2


However, revenue for its construction division fell to RM79.32mil in the quarter from RM103.96mil a year ago.(File pic of one of Gadang's projects)

KUALA LUMPUR: Gadang Holdings Bhd’s net profit jumped more than 1,800% to RM36.54mil in the second quarter ended Nov 30, 2022 from RM1.86mil a year ago.

This was driven by extraordinary items such as non-recurring transaction and the disposal of a parcel of development land in Kuala Lumpur.

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Gadang Holdings , property , land , disposal , construction ,

   

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