Taliworks profit surges on compensation, higher tariff


Taliworks reported a net profit of RM15mil for the January-March 2024 period compared with RM10.1mil a year earlier.

PETALING JAYA: An increase in water supply tariff and a RM13mil government compensation led Taliworks Corp Bhd to kick-start its financial year 2024 with a nearly 50% jump in net profit in the first quarter (1Q24).

Taliworks, which is involved in the business of water treatment and supply among others, reported a net profit of RM15mil in the January-March 2024 period as compared to RM10.1mil in the previous corresponding quarter.

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