WCT posts 3Q net profit of RM173.22mil


KUALA LUMPUR: WCT Holdings Bhd has recorded a net profit of RM173.22 million in the third quarter (3Q) ended Sept 30, 2024, from a net loss of RM13.54 million in the same period last year.

In a filing with Bursa Malaysia today, it said net profit increased significantly by RMI87 million, primarily due to a net gain of about RM184 million arising from the remeasurement of interest in a jointly controlled entity.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
WCT , construction , property ,

Next In Business News

Sunway to proceed with RM11bil takeover of IJM
KIP-REIT expects higher footfall across its malls
Oxford Innotech wins RM4.8mil data centre job
Suria Capital appoints Abd Rahman Dahlan as chairman
Ringgit closes higher amid US-EU tariff concerns, easing Japanese government bonds
Shin Yang secures RM117.7mil vessel deal
UOA REIT reports threefold profit increase in 4Q25
Perak Transit appoints Ismail Jamal as general manager
Pantech cautiously positive on outlook
AmBank Group provides RM103.8mil financing for Kedah solar project

Others Also Read