ARB 4Q profit falls 11% to RM17.52mil


ARB Bhd executive director Datuk Seri Larry Liew Kok Leong

KUALA LUMPUR: ARB Bhd’s net profit fell 11.4% to RM17.52mil in the fourth quarter ended Dec 31, 2021 (4Q21) compared with RM19.76mil in the same period a year ago.

The lower profit was due to the increase of amortisation of intangible assets of RM3.3mil and depreciation of property, plant and equipment of RM2.6mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

ARB , ERP , IoT

   

Next In Business News

Falling property prices - a boon for buyers
Grey neighbourhoods: fit for the ageing
Ringgit seen holding steady against US dollar next week
Oil posts biggest weekly gains in over a year
Dow ends at record high on easing economic worries
It’s looking up for the ringgit
Finding value in rare prints
E-scooters charging up daily commutes
Chip sector in growth phase
Navigating global market landscape

Others Also Read