Gadang's 3Q net profit surges more than three-fold


KUALA LUMPUR: Gadang Holdings Bhd’s net profit rose more than three-fold year-on-year to RM5.45mil for the third quarter ended Feb 28 (3Q22) from RM1.52mil previously, due to a better profit margin for ongoing projects.

The group recorded lower revenue of RM119.52mil compared to RM138.91mil in the preceding year's corresponding quarter.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gadang , construction , orderbook , net profit

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read