Perak Transit 1Q earnings up 6%


PETALING JAYA: Perak Transit Bhd has posted a 6% jump in net profit to RM14.26mil for the first quarter (1Q) ended March 31 from RM13.41mil a year earlier, on the back of a 14.7% surge in revenue to RM40.66mil compared to RM35.45mil previously.

In a filing with Bursa Malaysia yesterday, the bus terminal operator attributed the growth of its topline and bottomline to its integrated public transportation terminal (IPTT) operations, bus operations and petrol stations.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!

Perak Transit , profit , revenue ,

   

Next In Business News

Jiankun expects GDV of its projects to soar to RM2bil under new leadership
Paramount acquires 21.54% stake in Eco World International
CIMB Securities aims for high single-digit market share by year-end
FBM KLCI retraces earlier losses to close flat
Total Dynamic gets bursa's nod to list on LEAP Market
Asian currencies set for weekly fall; stocks firm on US rate cut bets
KL Sentral Station redevelopment project to commence year-end - Loke
Malaysia's March manufacturing sales value grows 1.4% to RM158.4bil
Oil set for weekly gain as demand signs, geopolitics seen as positives
Asia stocks rally on renewed global rate cut optimism

Others Also Read