Mega First 3Q revenue falls


PETALING JAYA: Mega First Corp Bhd saw its revenue decline by 13.8% year-on-year (y-o-y) to RM320.4mil, mainly due to the deconsolidation of Serudong Power Sdn Bhd, for the third quarter of its financial year 2023 (3Q23).

Net profit fell 14.2% y-o-y to RM102.5mil from RM119.5mil in 3Q22. Earnings per share dropped to 10.87 sen from 12.64 sen.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MegaFirstCorp , Revenue , NetProfit , EPS

   

Next In Business News

Oil ends week lower on China demand fears
Undoing the 5G monopoly
KL Metro to build RM1.6bil five-star resort in PD
Picking up speed
PETRONAS reaches FID on Pengerang biorefinery
Market bulls looking for new technology leaders
China to resort to consumer stimulus
GAMUDA AI ACADEMY SET TO BE GAME-CHANGER
ESG reporting standards must be elevated
Fed rate-cut outlook limits forex volatility

Others Also Read