PETALING JAYA: Kelington Group Bhd
(KGB) saw a 4% year-on-year (y-o-y) increase in its net profit for the third quarter ended Sept 30, 2024 (3Q24), despite a fall in revenue during the quarter.
Net profit rose to RM32.9mil, translating to earnings per share of 4.83 sen, underpinned by a strategic focus on revenue composition and a favourable project mix, along with contributions from the industrial gases division.
