Mulpha's 3Q net profit rises to RM95.64mil

KUALA LUMPUR: Mulpha International Bhd’s net profit for the third quarter of the financial period ended Sept 30, 2023 (3Q) rose to RM95.64 million from RM20.43 million last year.

Revenue for the quarter under review also increased to RM417.42 million from RM213.01 million, an increase of 96 per cent, due to the stronger performances of the property development, hospitality and leisure and investment and other divisions offset by the underperformance of the property investment and finance division.