PETALING JAYA: Aneka Jaringan Holdings Bhd
anticipates the potential introduction of the targeted petrol subsidy to create price volatilities, similar to the effect of the removal of the diesel subsidy observed in the preceding financial year.
In a filing with Bursa Malaysia, the construction company said it has prepared itself for the increase in minimum wages in Malaysia effective February 2025.
For the first quarter ended Nov 30, 2024 of financial year 2025 (1Q25), Aneka Jaringan’s net profit rose to RM2.15mil from RM1.28mil in the previous corresponding period, while revenue grew to RM79.47mil from RM58.78mil a year earlier.
Basic earnings per share stood at 0.32 sen versus 0.20 sen previously.
Aneka Jaringan said the group’s other income for 1Q25 amounted to RM1.90mil.
