SCIB turns profit in 3Q24

SCIB group managing director Ku Chong Hong,

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB), which posted a small net profit in the third quarter ended March 31 (3Q24), is confident of maintaining its profitability going forward, according to managing director Ku Chong Hong.

In 3Q24, the industrialised building systems specialist posted a net profit of RM755,000, or earnings per share of 0.12 sen compared with a net loss of RM1.03mil, or loss per share of 0.18 sen in the same period last year.